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Viral TikTok shows normal people overdrawing account - criminals
Government overdraws through excessive spending - no accountability
Rising Star
Government finance doesn’t work like personal finance because the government has the ability to tax and adapt monetary policy.
That’s not really my point here, though. It’s that these people were not just overdrawing accounts. They were writing knowingly fraudulent checks, depositing them into a bank account, then withdrawing all of the value of the fraudulent check because of a glitch in the system.
That’s not stealing from the big bad bank. That’s stealing from other depositors. Anyone who did it should spend time behind bars.
Sometimes it’s hard to not be amazed at peoples’ stupidity. I wish that I could be present at the interrogation or in the courtroom as these people explained how they thought they were getting free money or how they would not be caught.
Very stupid. Just look around