Post by @thisismoney

A Nigerian man reportedly chose a year in prison rather than repay money mistakenly deposited into his bank account. 💰🏦 The incident began in 2025 when First Bank reportedly transferred around £810,000 into the man’s account by mistake. Instead of alerting the bank, he allegedly spent part of the money before authorities stepped in. Nigeria’s Economic and Financial Crimes Commission later recovered some of the funds, but he was still left owing roughly £220,000. After saying he did not have enough money to repay the remaining balance, the man reportedly opted to serve a one year prison sentence instead of arranging a repayment plan. However, serving time does not wipe out the debt, and he is still expected to repay the outstanding money after his release. #ThisIsMoney #Money #News #UK