18-Year-Old Boy Spends $31,000 That Was Accidentally Deposited Into His Account

Friday, March 7, a Madison County man went into First Citizens Bank on U.S. Highway 29, Hull, and made a $31,000 deposit. Because there are several people by the same name with accounts at the bank, the teller put the money into the wrong account.

10 days after, March 17, the man called the bank to complain that his account had not yet been credited with the said sum ($31,000) he deposited into it. Investigation began and it was discovered that the money was deposited into the account of an 18--year-old Hull man who had already withdrawn $20,000 cash and spent $5,000 using his ATM card.


This part is so funny; A day after the wrong deposit was discovered, the teenager happily walked into the Hull branch of the bank to withdraw more money when the teller told him that the money in his account was a wrongful deposit and asked him to return the money. Rather than oblige, the teen insisted that the money was from an inheritance and thought the money came from his grandmother’s estate.

The deputy told the teen the bank wants the money back as soon as possible, so the teen told the officer he would go to the bank and try to settle the matter without going to jail, according to the report.

However, the teen never showed back at the bank and banking officials told investigators last week that if the suspect didn’t return the money, they would prosecute.

No charges have been filed yet, Investigator Doug Martin said Tuesday.

Online Athens & Daily Mail Uk