By Attorney Carlos Gamino

What would you do if your bank accidentally deposited $120,000 in your account?

According to Montoursville, Penn. police, a couple who received the “lucky” windfall went on a spending spree, burning through the cash by purchasing items like an SUV, all-terrain vehicles and a camper, paying bills and giving money to friends.

BB&T Bank contacted the couple in June to let them know there had been a huge – and costly – mistake. The bank told the pair that they were responsible for repaying it, but the couple didn’t return the bank’s money.

The money, which was supposed to have been deposited to an investment firm, ended up in the Williams’ account after a bank teller made an error. The bank says it made several attempts to contact the couple, and Tiffany Williams allegedly admitted that they’d spent the cash. According to the bank, she said she would talk to her husband and put together a repayment plan, which BB&T also says it was willing to do.

But then the Williams’ stopped responding to the bank.

So BB&T went to the Pennsylvania State Police.

Now, Robert and Tiffany Williams are each facing four counts of felony theft in Pennsylvania. Each is punishable by 10 years in prison, so if they’re convicted, it could cost them much more than restitution.

“All I’m going to say is we took some bad legal advice from some people and it probably wasn’t the best thing in the end,” Robert Williams told WNEP, a local TV station.

“During the investigation, the Williams’ admitted they were aware that the money deposited in their account did not belong to them and that they had made numerous purchases with that money,” according to a statement from state police.

What Do You Think?

I’d love to hear what you’d do if the bank accidentally deposited a huge sum of money in your account. Who would you call first – friends and family or the bank? Please share your opinion on my Facebook page or on Twitter.

Attorney Carlos Gamino