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Student spent entire $1M mistakenly transferred to wrong bank instead of reporting error

Funny - May 11, 2024
Student spent entire $1M mistakenly transferred to wrong bank instead of reporting error

Sibongile Mani, a student at Walter Sisulu University (WSU) in South Africa, faced a unique situation when she discovered nearly $1 million mistakenly deposited into her bank account.

Instead of reporting the error, she made the controversial decision to spend the entire amount.

Sibongile Mani, a student at WSU in South Africa, found $1 million mistakenly deposited in her bank account. Image Credit: Facebook
Sibongile Mani, a student at WSU in South Africa, found $1 million mistakenly deposited in her bank account. Image Credit: Facebook

Mani unexpectedly received $1 million in her bank account.

Typically relying on monthly benefits of around $100 for her school expenses, Mani woke up one morning to find an astonishing 14 million rands ($760,000) in her account due to an accidental government aid scheme transfer.

Seeing this as an unexpected opportunity, she embarked on a lavish shopping spree.

She seized the chance and went on a lavish shopping spree. Image Credit: Getty
She seized the chance and went on a lavish shopping spree. Image Credit: Getty

In the days that followed, Mani treated herself to luxurious items such as fancy clothes, the newest iPhone, and costly bottles of alcohol. 

However, her extravagant spending caught people's notice when she accidentally forgot a bank receipt at a supermarket, which eventually revealed her actions to others.

The student's sudden lavish shopping habit was detected.

Samkelo Mqhayi, a South African Students Congress representative, commented on Mani's unexpected and extravagant spending. 

The student chose to spend the mistakenly transferred money instead of returning it. Image Credit: Facebook
The student chose to spend the mistakenly transferred money instead of returning it. Image Credit: Facebook

A leaked supermarket receipt showed that she had a balance of 13.6 million rand in her account.

She used this money to host parties for her friends and generously give them extravagant presents, seemingly without any worries or hesitation.

Mani was sentenced to five years in prison but then was released.

As a result, Mani had to face legal repercussions for what she had done. She was arrested and accused of stealing and committing fraud in 2017.

The leaked receipt revealed a balance of 13.6 million rand in her account. Image Credit: Facebook
The leaked receipt revealed a balance of 13.6 million rand in her account. Image Credit: Facebook

Eventually, in 2022, she was sentenced to five years in prison. 

However, her lawyer, Asanda Pakade, appealed the decision, claiming that Mani did not pose a threat to society and did not intentionally seek out the mistakenly deposited funds.

During a 2023 hearing at the East London High Court in Makhanda, two judges suspended Mani's sentence on the condition that she committed no further theft or fraud.

At a 2023 hearing, Mani's sentence was temporarily suspended by two judges, with the condition that she refrained from any additional theft or fraud. Image Credit: Facebook
At a 2023 hearing, Mani's sentence was temporarily suspended by two judges, with the condition that she refrained from any additional theft or fraud. Image Credit: Facebook

Additionally, she was ordered to complete 14 weeks of community service and undergo counseling, but she was not required to repay the amount she had spent.

Mani saw the unexpected fortune as a divine blessing, considering it a "miracle" and a "gift from God." 

Surprisingly, she showed no regret for her behavior. Her lawyer, Pakade, mentioned that Mani felt a sense of relief and was enthusiastic about starting anew, focusing on rebuilding her life and putting this incident behind her.