A man who was mistakenly overpaid by a huge amount more than £45,000 by the Barclays Bank has been in trouble after spending about ten thousand pounds on gambling, cocaine. drinking etc.
Steven Burke, of Grosvenor Crescent, Scarborough said that he lived a millionaire lifestyle after receiving an unexpectedly huge amount of money in his Barclays account on January 29.
This 43-year-old man Steven Burke was supposed to have received £446 for his work. But by the typing error of the director, he was sent 100 times more money than his intended money.
Instead of returning the money, Burke started spending them all over on drinking, cocaine, alcohol, buying expensive clothes and many more items of his needs.
Varlow told Scarborough Magistrates' Court on Monday (4 July): "He spent the money on a car, an electronic-cigarette, hotel rooms, designer clothes, a gold chain, cocaine and vodka as well as online gambling. In total, he spent more than £28,000 and approximately £15,000 was recovered."
Burke was eventually caught by police after a request by his employer to hand the money back went unanswered.Despite initially telling police he thought he had been a victim of "cyber crime" when he noticed the money in his account, he eventually pleaded guilty to receiving wrongful credit. He will be sentenced at York Crown Court on 25 July where he could face time in prison.
This is just one latest case in the line of many such cases in which public find themselves being overpaid and not paying back that money which they had been given by mistake.
There is one such case, in 2014, a single-mother Michaela Hutchings ordered to pay back an amount of £52,000 which had been sent accidently to her. She spent about £8,000 on designer clothes, expensive shoes, handbags, sunglasses etc. in just two days.
She agreed to pay the money after being caught by the police and thus escaped from prison.
In law, Under Section 24A of the 1968 Theft Act, anyone who fails to pay back the money they know was sent in error could receive a prison sentence of up to 10 years.
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