Woman arrested after refusing to return $1.2M mistakenly deposited into her account

Jesse Williams

By Jesse Williams

Jesse Williams

12 Apr 2021

A Louisiana women has been arrested after refusing to give back more than a million dollars deposited into her account by mistake.

The former sheriff’s dispatcher, Kelyn Spadoni, 33, Was taken into custody Wednesday (March 7) on charges of theft valued over $25,000, bank fraud and illegal transmission of monetary funds.

The clerical error by Charles Schwab, a major financial services corporation, saw them deposit more than $1.2 million into her brokerage account as opposed to the $82 they had intended to.

When trying to reclaim the money the request was rejected because Spadoni had immediately moved the funds to another account even managing to purchase a new car and a house before authorities stepped in.

Capt. Jason Rivarde, a sheriff’s spokesman, said, “It’s not her money. She has no legal claim to that money. Even if it was put in there by mistake. It was an accounting error.”

“If someone accidentally puts an extra zero on a utility payment, they would want that money returned or credited to them. This is no different”.

About 75% of the money has been recovered, with Charles Schwab & Co. suing Spadoni in federal court.

To make matters worse Spadoni was reportedly fired from the Jefferson Parish Sheriff’s Office 911 centre since her arrest ending her 4 and 1/2 years of service.