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Old 09-10-2019, 09:10 PM
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Quote:
Originally Posted by doreen View Post
It wasn't over $100K in overdraft fees
The $107,416 overdraft included the money the couple spent.

If I deposit $100K in a bank account with a balance of $1000, write a single check for that $100K and then that $100K deposit is reversed after the bank paid out on the check, I will have a $99K overdraft plus whatever the overdraft fee is.
Quote:
Originally Posted by CNN
Robert and Tiffany Williams of Montoursville are also facing overdraft fees from the bank of about $107,000, according to the criminal complaint filed in the Lycoming County magisterial district court.
This is not the only article that stated it that way. Maybe the first reporter stated it incorrectly & wire services ran with it but the article(s) specifically state overdraft fees, not overdrafted by that amount, which is what you're referring to.