OPD: Man Refused to Return Mistaken $60,000 Bank Deposit to Grandmother

Authorities say an eastern Iowa man wrongly received a $60,000 deposit from his grandmother but refused to return the money.

23-year-old Jaden Cleaver of Tiffin has been charged with first-degree theft, a Class B felony.

According to the Ottumwa Police Department, Cleaver acquired the money in December 2023 through a mistaken bank deposit from his grandmother, who lives in Ottumwa. Over the course of a year, Cleaver allegedly withdrew the entire sum of money and placed it in separate bank accounts…

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