Louisiana woman accused of refusing to return $1.2M after bank error

overnight courts asking the question what would you do if you checked your bank account and suddenly found out you were a millionaire that happened to a former louisiana sheriff's dispatcher and instead of notifying the bank well she quickly moved the cash into another account used it to buy a home and an suv kellen spadoni who you see here was arrested for theft and tonight is facing a lawsuit from charles schwab after she ignored several of their attempts they say to contact her and get the money back night court is now in session with civil rights attorney robert patillo and criminal defense attorney brian claypool welcome to you both thanks shannon hey shannon let's start here with exhibit a on february 23rd schwab meant to transfer 82 dollars 56 cents into a fidelity brokerage account services account but the company instead transferred 1 million 205 5 619 court records said so robert is their mistake is their mistake but that does not mean you have a legal right to that uh that amount of money even best case scenario if you were able to keep it good luck explaining to the irs where 1.2 million dollars came from and paying the taxes on that uh this is no different than finding someone's wallet and designed to keep it when they ask for it back or if a brent's truck accidentally dropped money off at your door it does not mean that you are legally entitled to it there's legal precedence on it where people um back in the old days would cash those publishers clearing house checks that came to your house and occasionally bank to allow the transaction to go through but then later on when they figured out the funds were not there they would reverse reverse it so though i understand that most people don't have sympathy for big banks in situations like this you don't have a legal right to it and you're going to end up getting in more trouble than it's worth it sounds like she is right now uh innocent until proven guilty but facing a lot of charges exhibit b then we go to the company argues in its lawsuit that spidoni's account contract with schwab now this came from the charles schwab account includes an agreement that if a client receives an overpayment of funds the client is required to return the full amount brian well shannon first thing i'm going to do in the morning i'm running over to charles schwab i'm setting up my account there and then fingers crossed i get a million bucks anyway all kidding aside last time i checked we have a criminal court of law not a moral court of law and morally this woman is incorrect and she should do the right thing and transfer the money back but the law is on her side believe it or not and i think it's going to trump that agreement that she signed that she probably didn't even know what she signed probably didn't even know what she read but real quick theft felony theft is the charge that means that this woman had to deprive money of someone else without their consent charles schwab sent her the money so that charge is going to get dropped the last charge against her is bank wire fraud again she has to show an intent to deprive charles schwab of money last time i checked charles schwab made a mistake and sent the money to her so in the real world she might walk free and she might have 1.2 million dollars and she might have a wrongful termination case against the sheriff's department for firing her they shouldn't have done that well she's got a world of trouble to fight her way out of now i mean brian maybe she'll call you up you are the defense attorney of all defense attorneys you made your case robert has made his and we're told by the way detectives have been able to get back about 75 percent of the money uh so maybe there'll be some good will there i don't know um robert and brian thank you for your very effective lawyering we'll leave it to the folks at home tonight use the hashtag nightcord and tweet us at fox news night or at shannon brim let us know how you would rule gentlemen thank you

Channel: Fox News

Views: 2,322,721

Rating: 4.8093815 out of 5

Keywords: Louisiana, fox news louisiana, louisiana money, bank fraud, bank error, new orleans, money us, fox news at night, fox news @ night, shannon bream, night court, fox news night court, night court shannon bream, fnc, fox news, fox news channel, fox news media, fox news network, breaking news, fox news breaking news, fox news breaking, breaking

Id: b3BgBFNzqcQ

Length: 3min 48sec (228 seconds)

Published: Tue Apr 13 2021

Reddit Comments

[u/Jerryskids3]

Yeah, no, in the case of an obvious mistake like that, you don't get to keep the money and it's considered theft if you try to keep money you know is not yours. It's not like she found a ten-dollar bill laying on the sidewalk and "finders keepers" is not actually a real law.

[u/OnTheLevel28]

She’s a turd and a thief

[u/Blaziken_2417]

I just realized, the very first episode of Family Guy is about pretty much this same situation lmao. Except it's with welfare checks from the government.

[u/SpicyEdenami]

Lol