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Old 09-11-2019, 11:37 AM
markn+ is offline
Join Date: Feb 2015
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Originally Posted by Beckdawrek View Post
What I meant was the bank will never be the loser. The wronged depositer and the thieves will lose. The banks ass is covered.
The bank will never be the loser because they wouldn't do something as stupid as the couple did. The analogous situation would be: you see that $100,000 has mysteriously disappeared from your account. You go to the bank and they say they made a mistake. You ask them to correct it and they say, "sorry, we spent that money; we don't have it any more". In that situation the bank would absolutely be in big trouble.