Police are hunting a couple thought to have fled New Zealand with millions of dollars, after a banking error.
The couple, who ran a Rotorua service station, are understood to have applied to Westpac Bank for a $7,800 overdraft and mistakenly had $7.8 million paid into their account.
A Westpac spokesman today refused to confirm the amount mistakenly given to the couple, though said the bank was "pursing vigorous criminal and civil action to recover the sum of money stolen".
He said human error was responsible for the couple's substantial windfall, not a systems error, and that the bank was reviewing its procedures.
Police had asked international police liaison organisation Interpol to help find the couple.
The service station has closed and gone into receivership.
Officer-in-charge Detective Senior Sergeant David Harvey of Rotorua CIB was prepared only to say that an investigation had been launched into a substantial sum of money that had been "mistakenly advanced" from Westpac.
Police had received a complaint from Westpac relating to people living in Rotorua.
He refused to say how much money was involved.
Police were investigating because the Westpac bank considered what had happened was theft or fraud, through the use of a document to obtain a pecuniary advantage, Mr Harvey told Rotorua's Daily Post newspaper.
He confirmed some of the money mistakenly advanced had been withdrawn from the bank account but was not prepared to say how much money was involved.
He expected the investigation to "take some time".
Banking Ombudsman Liz Brown told The Daily Post that generally speaking it was a criminal offence for someone to spend money accidentally put into their bank account if they knew the money wasn't theirs.
In her 15 years as banking ombudsman she had been involved in 10 to 20 cases of this nature. They were legally referred to as "payment by mistake".
She was unable to recall how much money was involved in each case.
"There haven't been cases of millions of dollars but certainly ones where there have been several thousand dollars," she said.
Massey University banking lecturer Claire Matthews said the lucky recipients would probably not get away with it.
"They've taken funds that they're not entitled to, that are not theirs," she told Newstalk ZB.
"They've effectively, I guess, become thieves but it is only going to be a matter of time."
The business owners would be hard pressed to argue they honestly believed they were entitled to such a huge sum of money, she said.
Westpac said this morning court action had begun to recover the money but refused to comment further.
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