The bank lent me $2m so I spent it on strippers and cars

This is a very interesting break from the election cycle.

Apparently this young Aussie discovered that when he ran out of money his Bank just kept paying using over draft protection.

So what does he do . He lives it up and spends almost 2Million dollar buying drugs,cars,boats,stupid things and even faster women of course.

He served 6 months in jail before being released.

Now that is one heck of a ride.

He should have atleast stashed some of the money away for when he would have been caught and released. However the money spent on the stripers must have been priceless, LOL

www.bbc.com...

Uhm , did our fellow Aussie Sublimecraft happen to disappear for 6 months?

a reply to: interupt42

This is hilarious.

You shouldn't have to go to jail for using a banks own greed (additional fees and overdraft charges) to screw them over. The bank got what they deserved.

It was the banks stupid fault.

If it was the other way around the banks would not hessitate to screw us the same way.

originally posted by: crazyewok
It was the banks stupid fault.

If it was the other way around the banks would not hessitate to screw us the same way.

Heck, even Comcast gets away with over billing customers on a regular basis.

As far as I'm concerned bank robbery is a victimless crime and should be met with community service at most.

A parade at best.

originally posted by: Hazardous1408
As far as I'm concerned bank robbery is a victimless crime and should be met with community service at most.

A parade at best.

Its not like they can't and don't print money.

Great story and I'm glad he used his time to sort out his defence and get acquitted.

i would trade 6 months in for 6 months out with 2 million to spend.
no question

originally posted by: TinySickTears
i would trade 6 months in for 6 months out with 2 million to spend.
no question

No doubt he got more in return and in personal life experience than most will never get to experience.

kinda funny - i never "opted in" to overdraft protection with my bank.
My bank still pays overdrafts, but i don't get charged an overdraft fee.

a reply to: interupt42

I was reading this the other day, funny stuff.

If they'd keep lending I'd keep spending, 6 months sounds a breeze for that money.

I mean, most people work most their life and never get close to such funds.

I would have went on a few walkabouts digging holes in the bush haha. I'd take 6 months locked up to be set for most of my life.

a reply to: interupt42

The bank's are bunch of thieving criminal's so I can't help but like this kid.

The fact they denied him bail made him study the law which he realized they really did not have any reason to lock him up.

Sounds like the system was making an example of him and in reality they did not have a leg to stand on! It was and is the banks' fault. And now they created a lawyer to boot for their haughtiness and righteous indignation.

What a run!

originally posted by: Metallicus
a reply to: interupt42

This is hilarious.

You shouldn't have to go to jail for using a banks own greed (additional fees and overdraft charges) to screw them over. The bank got what they deserved.

Come on...use your brain. Everyone knows that this isn't this guys money. He knew it wasn't his money. He's dishonest and spent money that wasn't his. That's all there is to it. Vengeful hatred towards a bank isn't justification for stealing.

If he was smart enough to learn law in that amount of time and win in court against a bank he was likely smart enough to not spend it all.

Good for him!

a reply to: interupt42

Six months in jail for $2 million? I'd take that deal in second. Of course I could think of better uses for $2 million that would set me up for life.

originally posted by: acackohfcc
kinda funny - i never "opted in" to overdraft protection with my bank.
My bank still pays overdrafts, but i don't get charged an overdraft fee.

They can't it goes against the "opt in" rules.

On November 17, 2009, the Board of Governors of the Federal Reserve System (Board) published in the Federal Register a final rule (Rule) that amends Regulation E, 12 C.F.R. Part 205, to address overdraft protection programs.1 The Rule generally prohibits financial institutions from assessing fees for paying ATM and one-time debit card transactions that overdraw consumer accounts unless the consumer affirmatively consents, or opts in, to the overdraft protection program.

www.occ.gov...

Damn, all the comments one this thread shame the bank for even existing.
It's not their fault that guy was just as greedy as them, or some people here.

a reply to: Hazardous1408

Steal 2 million from a bank using their own policies... 6 mos in jail.

Steal billions from an entire country by fractional reserve banking, printing money, and devaluing the currency... Cushy job, nice paycheck, walking free as a bird...

I should have studied to become a banker...