Madison County teen accused of spending cash after bank error - KSLA News 12 Shreveport, Louisiana News Weather & Sports

Madison County teen accused of spending cash after bank error

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Danielsville, GA (CBS46) -

An 18 year old faces charges after police said he took money which a teller accidentally deposited into his bank account.

"Well, they sent him a bank statement saying he had $31,700 … in the bank," said Stacy Sorrow, a person who lives with the suspect.

Investigators said a person with the same name deposited the money at First Citizens Bank.

"I've had the same bank for over 40 years," said Steven Fields, a retired veteran who lives just one street over from the 18 year old.

The older Fields said he deposited the check after selling a piece of land. He said after days he noticed the money was not showing in his account. He called the bank and discovered the mistake.

"There's some dishonest people in this world," said the older Fields.

Police said the younger Fields withdrew $20,000 from the bank and went on a shopping spree, which included a trip to a car dealership, fast-food restaurants and a big box retailer. They said he also made several withdrawals from ATMs.

"He was excited, you know. I would have been too," said Sorrow.

She said the younger Fields blames it all on the bank.

"I told that woman up at the bank she should have looked over her mistake that she made, if she knew there were three people up there with the same name," said Sorrow.

Angela English, Director of Corporate Communications for First Citizens Bank, released the following statement:

"I'm very limited in what I can share this early in the process, but I can tell you that we have exhausted all efforts to mitigate the situation in a fair and reasonable manner and get the money returned. We even suggested and discussed a suitable repayment plan, but our efforts have been unsuccessful."

The bank said it then decided to press charges against the younger Fields.

"They (bank) wanted him to, the next day, to have $21,000 up there or he goes to jail and he said, ‘I guess you'll be putting me in jail,'" said Sorrow.

Police said the younger Fields said he is unable to repay the money. He was arrested, but has since posted bond.

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