Man arrested after his bank insisted he had 5 million in his account.

No he should have not been arrested! That was the banks mistake! If the guy told them it wans't his money but they still insisted, then he has every right to do what he pleases with that money! Not his fault. Do you know what he got for it?? It'll be hard for him to pay it back, seeing as he alread told the bank it wasn't his money. But he shouldn't have spent it all so fast. But it's still the banks fault!

I agree and disagree with you. Its different saying this stuff to being in this situation where a BANK tells you you have 5 million, if they really do instist it is yours then by law you can spend it after 6 years (Well thats the law here in the UK, and thats if the bank dont take it offf you) But most people wouls start into it after a short while to pay off debt etc. It has happened to me with a much smaller amount, and after 2 years i didnt see the point of getting my bank balance with money in there which was not mine, but they insisted it was mine. So i spent it, and they have never come back to me about it! Its all very good saying that he should pay it back, could any of you just on the spot or over the rest of your life just pay 5 million back as well as have a life!?? NO! And am sure that its different than just saying it without it happeneing to you! I think that he needs to speak to the high court (Or someone like that) and sort it out, i dont think that he should have had to pay it back :/ Chris

He did after all KNOW that it was not his money and that sooner or later the bank would see their error. I would not have withdrawn it and spent it because I would have known there was no way possible that I could pay it back. 5 million is a lot of money. There is absolutely no way that he did not KNOW beyond a doubt that it was not his.how long did he wait to withdraw the money before the bank noticed the error?

definitely he should have to pay it back, but i don't think he should have been arrested over this especially when he tried telling them it wasn't his. he should have just kept it in the bank though until they figured it out because now he's in not only a lot of trouble but all the money he spent is gonna have to be paid back and obviously like he said, he didnt have that kind of money. i feel sorry for the guy to an extent, but he should have known better to withdraw the money when it wasn't his. God bless

I agree with you, he knew it wasn't his money to spend but at the same time he shouldn't have been arrested for it. The bank made a serious error. If they insisted it was his they should recompense the real person whose money it was. they make enough money anyway and are probably covered somewhere on some sort of insurance. What crime was he arrested for. Obtaining money by deception. He didn't deceive, he told them it wasn't his. Banks responsibility and they should look at it as a hard lesson learned. How much of it did he give away and to who? Was it charitable causes, if it was excellent. Spent rest on himself how much compared to what he gave away? Give the guy a break. He knew it was wrong as not his money but the bank insisted. Bank Guilty - Guy Innocent. Ellie :D

I don't know, I mean... If he knew it wasn't his money, then he knew he was stealing even if the bank didn't. It was wrong for him to take it and spend it. Just because the bank said it was his and made a mistake does not erase what he did. Oh well, he'll get some manner of punishment that will probably not be suited, though if the bank said it was his money and as a result he spent it, I think the bank should have to pay it back, especially if that guy is getting jail time.

i say if the bank insisted the guy who insisted it was his money wehn he told him it wasnt should of been the one arressted not the guy getting the money

You know banks do make mistakes and being banks they eventually do find those mistakes. The man knew that the money wasn't his so he should not have spent it. But at the same time he should not have been arrested. He should have to pay it all back. I can do you one better. Here in South Carolina a man was arrested and spent 6 hours in jail for making a deposit. He entered the bank with what looked like a duffel bag and ask the teller for a piece of paper. She thought he was going to rob the bank so pushed the police button. he made his deposit and as he was leaving the bank the police had him. He is now suing the police department and the bank. he wants an apology which he hasn't gotten so far. The police chief says that her officers acted appropriately. I think that the bank manager could have saved this man a lot of embarrassment by simply telling the officers what happened.

hmmm...?? why was he arrested, what were the charges? i mean - he wasnt stealing - he was told that it was his money... i think the bank should be held fully responsible, and they (the bank) should be the one to pay the real account holder his money back.... it was their 'system-glitch'... why blame the other guy ?? no fair !! but.... if it happened to me... i would have spent it, too... invested it, tho'... so if they wanted the money back... i would earned 'a bit' from it while it lasted... aaaahhh....5-million.... peace.

I would NOT have touched the money in the first place. That was bound to catch up to him eventually. And it did. I know one thing for certain. Most people are not that lucky. Now he will have an arrest on his record. And a long time to pay back that money.

Wow... if its happened to him, i think he should ask the bank for clarification. Maybe they will throw him to the jail. Actually it was very nice mistake made by bank itself, anyway, a good citizen should ask more clarification about those weird things that happened in his account. If its not his right then return it, but if its true his money, than bank is not allowed to ask the police to arrest the person, since its his right to withdraw the money or keep it there... and bank should be the one that have the responsibility about those things, how could people believe to save their money there if the bank is an irresponsible bank...

Everything else has been said so I'll just add, I think his only mistake was in not saving enough of the mmoney to hire a good lawyer to defend him and keep him out of jail.

This guy should not be subjected to any criminal charges being that it was the bank at fault. The bank should have to take it as a loss. But there is also a lesson in honesty. This guy definitely knew the money didn't belong to him. So he shouldn't have spent it. But when it comes down to it if he insisted on telling them it was a clerical mistake and they wouldn't acknowledge it, then I guess I would have done the same thing.

No! It's the banks fault because they told him he had 5 million dollars! If they want to arrest somebody arrest the bank teller that told him he had 5 million in the bank! MikesWifey you do hold a good point about the fact that he should have know how much money he had. But if you think about it, If you were told you have 5 million dollars in the bank, wouldn't you be so excited?! Wouldn't you take the money anyway?

Jail is the right place for this man-you can not have a wooping $5M dollars and never know whether it is yours o not-he went about spending money that was not his! He is guilty and should go to jail

he have to pay it back. but not be arrested, because its a joint fault, but that man should have to ask bank from where these dollars came, and he got some happy days. worse started, i think

It's nonsense!it is the mistake of bank! why do someone have to smart for this?!

It was not his fault, it was from the bank. That was not his money. He needs to return it to clear himself. How can he pays back?he spent everything.

I have had a similar experience...but on a WAY WAY smaller scale. I instructed the bank to place the disputed amount of money into a seperate account (that I opened) and left it there until they straightened it out. That way I wouldn't accidentally spend any of it. He KNEW it wasn't his money..so he should not have spent it, but jailing him is pointless, since he tried to tell them it wasn't his..and had no evil intent. Trying to make him pay it back is a joke...obviously he did not have that sort of money before, or he would have invested it, not wasted it. The bank should eat some of the costs, and take some of the responbibility...after all they are trained to manage vast sums of money..that is what we PAY them to do.

nope he shouldnt have been arrested , he told the bank that it wasnt his money , and they said it was his , please best to beleive i would do the same thing , thats not right at all , he did the right thing he told them and he got the go ahead , so thats on the bank , thats not his fault that they made a mistake