Woman Loses $42,000 Due to Typing Error

Geo Beats 2013-02-19

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A woman loses $42,000 due to a typing error.

A woman has lost two years of wages worth approximately 42 thousand dollars because of a small data entry error that she made.

She was having money automatically transferred from one bank account to another, but the account number she entered was one digit off from hers, so someone else was receiving the money when it was transferred.

There is no way for her to get the money back because the recipient withdrew the money from an ATM and spent it instead of transferring it to another account.

The banks refuse to take responsibility for the mistake, saying that if they refund this money it could open the door for fraudulent claims of lost money.

Other instances of money being mistakenly given away and then spent by the recipients include a New Zealand couple who received a loan of approximately ten million New Zealand dollars instead of the ten thousand they had asked for, and a couple in Pennsylvania who took 175 thousand dollars that was mistakenly put in their account.

Both of these couples were caught and arrested.

What do you think? Should the bank pay back the money? Is it okay to spend money that shows up in your bank account by mistake?

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