*Loan,banking and credit>>>bank account

My friend just found $11,000 in his bank account... He want;s to spend it, will he get in trouble?

I told him that he will get in trouble, but he still wants to spend it.

what will happen if he does? Would he get in trouble even

though it is a bank error? Please let me know....

Same thing happened to my stepfather about 5 years ago. He waited about 6 months, nobody claimed it so he spent it. 6 months later the same thing happend to him, he waited than spent it. they never caught the errors. The 1st time it was about $20,000. The 2nd time it was Around $10,000. Me and my hubby had the same thing happen. About a year ago, we noticed a deposit of 3,300 that we did not make. My hubby is very honest so he contacted the bank right away and about 3 days later the money was gone so I guess they must have found the owner. They said the deposit slip had our account number on them. They even showed my hubby a copy of the deposit slip. My only problem is, what if the guy my husband talked to at the bank did not even try to find the owner of the money and pocketed the money himself. In that case, I think hubby should have kept quiet, waited to see what happened, But don't spend the money for a long length of time just in case the do catch the error. If your friend spends this money and they catch the error, he will have to pay back all the money including any fees for the account being overdrawn. As far as getting in trouble. He knows the money isn't his yet he spent it anyway without contacting the bank. I say wait and keep quiet for awhile because if he contacts the bank, who knows if the person he talks to will be honest enough to find where the money really goes or will that person just transfer it to their own account. If the bank starts to look for the money, I am sure they will find it and put it back where it belongs.

He could be liable for it if the bank catches the error, even though it sounds great and he could proabably use it , he should talk to the bank and find out how it ended up in his account.
I am not sure he will get in 'trouble' but it sounds like it is a bank error and they will find the error and ask him for it back so if he spends it he should just consider it a 'loan'. He will not get away with it in my opinion.

similar issue happened to my daughter recently where a clerk punched in one wrong digit on the account and credited her with a deposit of $3000 she did not make. they found it and corrected it pretty quickly.

he should make it easy on himself and call the bank as soon as possible.
If its not his money tell him dont spend because they will put his *** in jail in the quickest that is messin wit da goverment they will put him up under the jail. The right thing to do is just tell him to go to his bank and file a report and you never know if nobody claims the money missing he just might be able to keep some of it, if not all
Tell him to ask the bank. If they tell him that it was an error, don't spend it. FOR THE LOVE OF GOD DON'T SPEND IT. If they don't know anything about it, report it to the police. If he spend it he could be arrested for money fraud/money burglary. Just don't do it. If no one claims it, lucky you.
Yes, he will have to pay it back. If he doesn't it's called theft. Can your friend say JAIL?
i would notify the bank so that they know theres a problem.

you never know what might come of doing the right thing.