New Jersey law now considers it theft to not return erroneous electronic payments after proper notification.

New Jersey has updated its theft laws to include the failure to return erroneous electronic payments between individuals. If someone receives an electronic payment by mistake and is notified that it was erroneous, they must return the funds to the sender within 30 days. Failure to do so is now considered theft under the state's criminal code. This change applies to payments made through a payment processor and ensures that individuals are held accountable for retaining funds that do not rightfully belong to them.

New Jersey law now considers it theft to not return erroneous electronic payments after proper notification.

New Jersey has updated its theft laws to include the failure to return erroneous electronic payments between individuals. If someone receives an electronic payment by mistake and is notified that it was erroneous, they must return the funds to the sender within 30 days. Failure to do so is now considered theft under the state's criminal code. This change applies to payments made through a payment processor and ensures that individuals are held accountable for retaining funds that do not rightfully belong to them.