January 14th, 2009 15:30 EST
Couple Spends Windfall From Bank Error
"A Pennsylvania couple is behind bars after police say they failed to call the bank when a glitch put an extra $175,000 in their account.
Authorities say 50-year-old Randy Pratt and 36-year-old Melissa Pratt instead withdrew the money, quit their jobs and moved to Florida. They were buying a house in the Orlando area when the mistake was traced."
The Associated Press
The temptation is to automatically condemn the couple as crooks who belong in prison, but what would you do if your bank mistakenly credited your account with an extra $175,000?
You can`t argue that you shouldn`t keep the money because the loss will hurt the bank`s profit. The government is throwing billions at the banks, practically forcing them to accept billions in TARP money.
Banks are not benevolent institutions, which one of us hasn`t been charged a $35 fee because we were 2 cents short when we used our ATM card.
I wouldn`t keep the money only because I wouldn`t want to live my life on the run, and I wouldn`t want to change my name. As a writer I`ve spent years building up my brand name, and I wouldn`t want to start over for a few thousand dollars.
I`m sorry that the couple was caught, I wish they would have beat the system.