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Student Gets Rs 6.3 Crore Accidentally Credited In Her Account, Spends It All On Shopping

Sibongile Mani, a South African student went on the shopping spree of her life, buying everything she ever wanted -- from designer clothes to the latest iPhone and expensive bottles of liquor.
IT News Desk Updated on May 11, 2024, 11:34 IST

We all love free money, and so did Sibongile Mani, a South African student. So one day when she realised that there were 14 million rands (approximately ?6.3 crore) in her bank account, she decided to make the best use of it. The 32-year-old went on the shopping spree of her life, buying everything she ever wanted -- from designer clothes to the latest iPhone and expensive bottles of liquor.?

REDDIT

Shopping with free money

She even threw lavish parties for her friends and was having the time of her life. Then one day everything came crashing down after the bank noticed unusually high transactions from her account. Soon her dream turned into a nightmare, and she was arrested on charges of theft.?

Also read:?UK Man Shocked To Find Rs 1.24 Crore In Bank Account

Bank error make her rich?

According to local media, it all began in 2017 when Mani was a student at Walter Sisulu University. As a student, she was entitled to a stipend of 1,400 rands (approximately ?6,000) per month. But due to some clerical error on the bank's side, a whopping 14 million rands (approximately ?6.3 crore) got credited to Mani's account.?

Instead of reporting this to the bank, Mani decided to keep the money and make the most of the opportunity. Her luck ran out after she left behind a bank receipt at a supermarket.?

Pexels

Arrested, sentenced to five years

"She was just suddenly spending so much. Her supermarket receipt, which was leaked, showed she had 13.6 million?rand?in her account, and she had been throwing parties for her friends and showering them with gifts without worry," Samkelo Mqhayi, branch secretary of the South African Students Congress, said.?

Mani was arrested by the police in 2017 when she was charged with theft and fraud. She was sentenced to five years in prison in 2022, but in July 2023, two judges at the East London High Court in Makhanda accepted her appeal and suspended Mani's prison sentence. Instead, Mani was ordered to complete 14 weeks of community service and undergo therapy.?

Also read:?Man Buys Gold Bars, Coins With Money Accidentally Deposited In His Bank Account

REDDIT

Want to start afresh?

After being released from jail, her lawyer said Mani is relieved to put this chapter behind her and is eager to start afresh. ¡°She is very relieved¡­ She wants to put this whole affair behind her and start over," he said.

For more news and current affairs from around the world, please visit?Indiatimes News.

IT News Desk

We keep you updated with the latest happenings from India and across the globe. Whether it's something quirky, emotional, inspiring, or informative ¨C we've got you covered.

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