Roswell man who received $43,000 credit after bank error speaks out

Posted at: 07/08/2014 5:50 PM
By: Lauren Hansard, KOB Eyewitness News 4

A Roswell man suddenly had more money than he’d ever imagined, thanks to a big “bank mistake.”

He deposited a check for $430, instead he got credit for $43,000.What would you do?

“I'm not real big into lavish things, I mean you see where I live I don't even have ac in my house," said Corey Courts. Courts makes $24,000 a year. So in November, when the bank ATM made a mechanical error and put $43,000 in his account, he says temptation took over.

"I mean I don't even make that much in two years,” said Courts.  “It was real nerve wracking but in a way it was kind of like a blessing out of the blue too because I've never had that kind of money to be able to buy things for my family and do things like that around the holidays."

Courts says he bought Christmas gifts for his family.

"I was able to actually buy things for my fiancé and for my daughter, you know things without having to borrow money or just kind of get by,” said Courts. “It was actually a nice Christmas being able to do things."

He says he did notify a bank teller, who told him to wait until the bank notified him.  Months passed and Courts says he paid off debt, even paid on some of his student loans.

“It was kind of worry free,” said Courts.

Before he knew it, Courts says he had spent it all, and then some. He actually spent all $43,000 and even overdrew on his account.

“It kind of went faster than I kind of kept track,” said Courts.

But in February the hammer dropped. Courts says the bank called wanting their money.

“It’s their mess up, it was an expensive mistake on their part, they put the money in my account.  I sat there, I didn’t touch the money for months and they never found it, they never corrected it, they never did anything,” said Courts. “I mean you would think an amount like that would be something they would be right on top of."

Courts is making payments to the bank. According to the police report filed by Washington Federal, Courts owes the bank $39,000.

“All I can say is have someone put 43,000 dollars in your account and see what you do," said Courts.

Roswell police say they have closed the investigation and are not pressing charges. It’s now up to the bank, Washington Federal, to sue in civil court to get the money back.

The bank is not commenting.