ProcurementAlert.com » Oops! Couple goes from life of luxury to jail after mix-up

Oops! Couple goes from life of luxury to jail after mix-up

January 16, 2009 by Charlie Walker
Posted in: In this week's e-Newsletter, Latest News & Views

You could call it a clear case of what happens when you fail to pin down a wandering decimal point.

A couple from Pennsylvania has been locked up on theft charges and for related offenses — all because of a bank glitch.

The funny thing is, they almost got away with it.

Last summer, they made a $1,772.50 deposit at their bank.

When they checked the balance, there was $177,250. Oops.

The couple then established a new bank account and transferred the windfall to it.

Then, they quit their jobs and moved to Florida. They were in the process of buying a house in Orlando when the bank finally put 2 and 2 together — and came up with 4, instead of 400.

Now, they’re being held under $100,000 bail, back in Pennsylvania,  and being represented by a public defender.

The wife had a simple explanation for why she didn’t suspect there had been a mistake.

She said her husband often received large checks for installing roofs. She just figured this was for one of his roofing jobs.

Uh-huh. Now that sounds like a snow job.

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