Bank deposits $43,000 to man’s account in error, man spends it

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ROSWELL, New Mexico — Imagine depositing a check at your local bank for $430 but getting credit for $43,000. Police say that’s what happened to a Roswell, New Mexico, man.

Instead of notifying the bank, police say the man quietly spent all the cash.

When the bank discovered the error, they told the man he must repay all of the money.

That was in November. The bank has reached out to the man multiple times. Police say a bank official has spoken to him by phone, but the man has yet to pay back the money. Now the bank is taking legal action.

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