If you are a Venmo user in New Jersey you may want to pay close attention to this:

You can possibly go to jail if you don't give back the money that was accidentally transferred to you. So you know-- you open your Venmo app and someone accidentally pressed "share" with you instead of their friend. It's an easy mistake.

Well, accepting that accidental transfer could result in jail time. YES! You heard that right. JAIL TIME!

Well, maybe not jail time right away, but according to Philly.com, the fines can go from $1000 to spending some time in jail. It all depends on the amount not being returned.

Another thing you should know is, if the law goes into effect it will cover every single money transfer app. This includes other popular apps like Zell and the Cash app.

Anyone that tries to avoid returning the money that was transferred to them as an error will be facing major consequences with the law.

A Venmo spokesperson shared with FoxBusiness.com, “If you don’t hear back from them or need help sending a charge request, contact our support team and we’ll do our best to help.”

While Venmo cannot cancel any money transfer that you've made, if you reach out to to the individual who received the money, Venmo will step in to help you get your money back.

The bill was voted 13-0 in favor of jail time to anyone in New Jersey that does not want to return the money that was mistakenly transferred to them.

Newsletter Sign-up

Receive the 94.5 PST newsletter in your inbox!