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Denrick Thomas in trouble with law over bank error

- allegedly proceeded to make several withdrawals after discovering money which had been erroneously placed in his CIBC FirstCaribbean International Bank account 
Denrick Thomas leaving court yesterday May 27, 2016. Photo: VINO
ROAD TOWN, Tortola,VI- A young man pleaded guilty to multiple charges of theft yesterday May 27, 2016 for which he received a one-year sentence suspended for two years.

It is alleged that Denrick Thomas stole over $16,000 after the money was erroneously deposited into his account at the CIBC FirstCaribbean International Bank. 

The court heard that on December 15, 2014 a salary deposit in the amount of $16,737.96 was erroneously placed into the account of the defendant.

The error is said to have gone undetected until February 9, 2016 by which time the defendant had allegedly used his ATM card to withdraw the funds, leaving behind just over $187.6.

The court heard that the defendant made withdrawals over the period on an almost daily basis.

On February 9, 2015 the Retail and Operations Manager of the bank, Odette Daley, had been informed of the money being taken off the account after a complaint from the client was received. The accused was then contacted and invited to the bank and informed of the discovery.

On February 10, 2015 the virtual complainant contacted the Road Town Police Station. 

The defendant admitted to police to being the holder of the ATM card used to withdraw the funds and he also admitted to withdrawing the money.

The court heard that he has agreed with the bank to repay at the rate of $500 per month.

Lawyer for the defendant Stephen R. Daniels said his client being 21 at the time saw the money in his account and was overcome by youthful exuberance. Daniels noted also that it was Christmas time, hence the need to go shopping.

However, Magistrate Ayana Baptiste-DaBreo said the offences were serious and deserved a custodial sentence. She said due to the circumstances and other factors of this case she would suspend the sentence.

She then sentenced him to one year in jail suspended sentence which will be activated should Thomas run afoul of the law again.

“You didn't go to the bank and tell them that you saw this money and that you didn't put it there and that they should take it out. This court cannot send a message that this sort of behaviour is ok,” she said.

27 Responses to “Denrick Thomas in trouble with law over bank error”

  • Banker (28/05/2016, 09:47) Like (8) Dislike (7) Reply
    I would have spent that money fast fast too mehson
    • Nawww (28/05/2016, 14:12) Like (15) Dislike (4) Reply
      He would have still got caught. A few months ago, I went to withdraw $50.00 from a certain ATM on my way to work, do you know the machine spit out $40.00 extra. I'm not going to lie, I was tempted to keep the extra money but I knew they would find out it was me from the receipt and PIN number. I went and show them my receipt and give them the extra $40.00 back. The ATM machine or the bank might make a mistake but they are going to pick up on the mistake. It is not worth going before the judge or prison for $40.00.
      • @ Nawww (28/05/2016, 20:38) Like (11) Dislike (4) Reply
        So don’t you think the employee should be looked into as it is the bank’s fault as well? we cunstomers should not pay for thier mistakes
  • usa (28/05/2016, 10:02) Like (26) Dislike (10) Reply
    free the man we all would have done the same
  • Hmm (28/05/2016, 11:28) Like (14) Dislike (6) Reply
    As far as I see it, all he did was withdraw money from HIS account.

    Look how long it took the bank to realize they made a mistake. So basically he is going to jail not so much for fraud but for failing to highlight someone else's incompetence? If that's the case then the person who made the error should be fired too. Send the right message.

    Had that money landed in a foreigners account they would have withdrawn that money and take off. They what would the bank have done?
  • runts (28/05/2016, 11:49) Like (6) Dislike (0) Reply
    You ignoramous runts
    • @ runts (28/05/2016, 13:35) Like (0) Dislike (0) Reply
      Huh?
    • True (28/05/2016, 14:53) Like (4) Dislike (3) Reply
      @Runts, thank you. See how these people condone wrong? Banks make mistakes, I think it was an honest error. However, it was his responsibility to go into the bank and give back the money. I have $400.00 in my bank account. If I check my account and there is more than what I have, I know something is wrong. S&$t, if extra money is in my account, I will be breaking down that bank door to give back that money. The bank might not pick it up right away but they will.
  • Why (28/05/2016, 12:31) Like (2) Dislike (1) Reply
    lol aryo cracking me up meson lol
  • Hmmmm (28/05/2016, 13:26) Like (5) Dislike (6) Reply
    Dont worry about prison a yr going come an go like nothing .just stay strong ..an learn from your mistake.
  • just asking (28/05/2016, 13:35) Like (15) Dislike (0) Reply
    What about the people in the bank who made the mistake?
  • weed (28/05/2016, 13:41) Like (7) Dislike (1) Reply
    Let they had put that in my account
  • Just my cent (28/05/2016, 14:21) Like (2) Dislike (0) Reply
    You just cant win with these big corporation......hmmmmm.
  • Yeah/right (28/05/2016, 14:58) Like (2) Dislike (1) Reply
    @Banker, and you would have been in the same spot dude is in, standing in front of a Judge and have to pay back the money to the bank. You can't outsmart or play a bank or the IRS.
  • harsh (28/05/2016, 17:19) Like (11) Dislike (2) Reply
    in all fairness to the young man...I don't think the bank should have pursued criminal charges....it was their error in the first place...they didn't need to give the guy a criminal record....they just should have made an agreement with him to pay it back perhaps with interest like a loan...it was really questionable whether these actions amounted to theft...the monies were after all deposited into his account...he might have been a trustee by which use should have only amounted to a civil breach of trust...but I am not sure of what the criminal law would say....I just sounding out my thoughts
    • nonsense (29/05/2016, 08:50) Like (6) Dislike (2) Reply
      He made multiple withdrawals in a short period until the account was drained, so it is clear he knew the money did not belong to him. That is premeditated criminal behavior.
      • True (29/05/2016, 11:39) Like (1) Dislike (0) Reply
        @nonsense, you are correct. If he had did it once, the judge and the bank might have given him a break. He knew that money was not his. Extra money show up in your account that you know you did not have, something is wrong.

  • pat (28/05/2016, 17:57) Like (5) Dislike (0) Reply
    This is madness on both the banks and derrick part
  • True (28/05/2016, 18:30) Like (4) Dislike (3) Reply
    This is wrong and it is the lawyer that needs to go to jail.

    It is a banking error, not fraud. It is up to the bank to pursue the guy for it lost monies no crime was committed except the stupidity of the complainant. The guy agreed to reimburse the bank at a rate which he can afford so where is the crime.

    He should appeal and get a better lawyer!
  • POPE (28/05/2016, 20:40) Like (7) Dislike (1) Reply
    Mistakes happen. When Thomas saw the money he should’ve made a report to the bank right away. end of story
  • b&b (29/05/2016, 11:48) Like (5) Dislike (1) Reply
    The bank made a mistake and the young man should have report the mistake to the bank. I have a son who works at Wells Fargo bank in Maryland and he says that at the end of the work day once they tally up everything if a penny is missing, they have to stay even if it takes hours to find out what happen to that penny. The banks might make mistakes but, they are going to find out.
  • hm (30/05/2016, 19:23) Like (4) Dislike (0) Reply
    the fact that he spent all the money is whats funny.
  • paid (31/05/2016, 23:47) Like (1) Dislike (0) Reply
    But is why the person getting paid soo much
  • Smithty (01/06/2016, 18:22) Like (0) Dislike (0) Reply
    I feel bad this happen to Denrik we were in the same class together


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