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Man Goes on Spending Spree After Mistaken Deposit

Man Goes on Spending Spree After Mistaken Deposit

Posted - Aug. 4, 2003 at 2:07 p.m.

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(Salt Lake City-AP) -- He probably should have known that somebody was going to want that money back.

An Ogden man found nearly half-a-million dollars had been deposited into his checking account after a Colorado title company got an account number mixed up.

It took Wells Fargo bank a week to recognize the mistake. They froze the account, but police say the man had already spent 116-thousand dollars on three vehicles, and another 114-thousand dollars on various other purchases.

Police are going to try charging him with theft.

(Copyright 2003 by The Associated Press. All Rights Reserved.)


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