A Louisiana woman was arrested for refusing to return more than $1.2 million which was accidentally deposited into her bank account.  Authorities from the Jefferson Parish Sheriff’s Office say they arrested 33-year-old Kelyn Spadoni on Wednesday for bank fraud, theft over $25,000, and illegal transmission of monetary funds.

The deposit was made into her Charles Schwab brokerage account in error. Authorities say she moved the funds and was using the funds to buy a new home and vehicle.

A clerical error is blamed for the million dollar deposit in February. The correct transfer amount was to be $82.  When the bank attempted to claw back the money, they discovered Spadoni had already moved the funds to another account.

Charles Schwab sued Spadoni in Federal court after not being able to recover the entire amount of the transfer. To date they have only recovered approximately 75%.

Spadoni is in custody and being held on a $50,000 bond.