What to do (unless you should just keep your mouth shut) about withdrawing $ from an account & not be charged?

Okay, so my co-worker/friend buys and sells stuff online. He sold a video system for roughly $120. The payment was held for a week or two to make sure the buyer was happy with the product before releasing the money to him. So finally - a couple days ago the hold was released and he withdrew like $80 via ATM, spent $3 at a bar that was ran a Credit on his Debit card, and spent like $10 at a store that ran it as Debit. So - he's roughly keeping track and should have $25-$30 left, right? [120-80=40 -3=37 -10=$27] So he went the following day to take out $20 via ATM again... the machine gave it to him and his receipt and he (thankfully!) glanced at it and saw the remaining balance was over $90 after taking out that $20!

So - here's where it gets confusing!! He went right home and checked his account like always and it didn't show ANY transactions since the $120 was put in the account but says it's current as of right then. So we were thinking ok, the site is just messed up... oooh no! I looked at his receipts. After his first $80 withdrawl it showed his remaining balance was about $40. So, after looking at the amounts on his receipts (which there were only like 5) we realized that - down to the penny - after the first $80 was withdrawn and it showed us the $40 left - it MAGICALLY refilled itself to the $120 it had been before the withdrawl!!! And the last $20 withdrawl and $3 bar credit had been subtracted from this Refilled balance, but not the debit purchase he'd made at the store. So he (like many, many of us, went, "WOO HOO!" and took out as much as he could.

And still, almost 24 hours later, there's still no transactions showing on his account. He said he's going to try another withdrawl after work and see if it refilled again. So obviously he didn't wanna do any asking the site's Help people cuz if they don't notice - score for him... (don't judge! this could be good Karma he's earned) Has ANYONE ever had this happen, know why, anything?



PS - if it were like A LOT of money he wouldn't be that brave to keep it, but $100 magically appearing in your account is pretty helpful now-a-days.



Thanks Guys! :-)What to do (unless you should just keep your mouth shut) about withdrawing $ from an account %26amp; not be charged?
Your friend will end up having to pay the money back. Banks do audit their books a few times a year. The mistake will be found, and his account will be corrected. They will send a notice for this though.

Something similar happened to me years ago. I suddenly had an extra 200 bucks in my account. I tried to find the "mistake" and couldn't, and I kept my mouth shut. Well, later that year I got a notice from the bank, just in time for Christmas mind you, that they were correcting an error in my account, and were taking the 200 bucks from it to balance the books. It bounced two checks, and ruined our Christmas.

Tell your friend to be honest and call the bank and fix this now before it comes back to bite your friend in the a** at the worst time possible.
Remember, "Honesty is always the best policy." Sooner or later these types of things catch up with you.What to do (unless you should just keep your mouth shut) about withdrawing $ from an account %26amp; not be charged?
When the bank does a final balance, most likely he will be overdrawn. Just remember that internet and ATM balances don't reflect actual balances since some withdraws are delayed and don't show up for a few days. Hopefully he has enough to cover this "magical" money when it disappears or else he could be hit with some pretty big penalties.
when the banks and businesses run their billing cycles he will be overdrawn.