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Common Sense Lesson #146

cashcash.jpgIf the government sends you a check for $2.5 million, and you have no earthly reason to suspect that you actually should be getting such a pleasant check, it’s probably not in your best interest to go on a spending spree.

That’s the lesson that Minnesota‚Äôs Sabrina Walker has learned, after receiving such a whopping check from the state’s Department of Human Services. The check, which was intended to go to a medical center, wound up being mailed to Walker because of a stupid computer glitch:

Walker, along with a man she lived with, allegedly bought a $500,000 certificate of deposit, funded two retirement accounts, bought a $500,000 Treasury bond, spent $5,500 on jewelry, $3,817 at Best Buy and $2,069 on limousine services, according to the criminal complaint. Walker also allegedly bought two cars, called the state to report the check, then bought two more cars, prosecutors said.

Hey, at least she had the good sense to invest some of the money, right?

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Comments

I thought they were pretty sensible. Except for the reporting the check part.

Yea, very sensible. CD, retirement accounts, and gov't bond. At least they were making interest on the money.