Bank Mishap Gives Man Unlimited Funds And Unlimited Trouble
1.
Luke Moore opened up an account with the Australian bank St George in 2010, when he was 22. Unemployed and claiming benefits, he ran up overdrafts of $9,000 after a year. Realizing that he basically had a limitless overdraft he continued to withdraw and spend money.
2.
He started buying cars, boats and even signed albums by Bob Dylan and Michael Jackson. Among his purchases were lavish vacations, a £32,000 ($36K) Stessl boat, a £54,000($56K) Aston Martin and a £100,000 ($104K) Maserati.
3.
The Police were called after the Bank realized Moore owed them £1.25m ($1.4M) They also discovered that roughly £650,000 ($680K) of the money had been stashed in secondary bank accounts.
4.
Moore was originally sentenced for obtaining financial advantage by deception and dealing proceeds of a crime. Moore is now free and, as he told Australia's Daily Telegraph, "re-adjusting to real life,” living with his mother in Goulburn, New South Wales, and studying to become a criminal lawyer. In his appeal judgment last month Justice Mark Leeming noted that Moore had acted "extremely foolishly" - but had not deceived the bank.
9.
An autographed Michael Jordan jersey. Although he says he wouldn't do it again, Moore told he misses "cocaine, strippers and fast cars," adding: "I had to give everything back and I now drive a shoebox Falcon but I'm happier this way as I've realized my family and friends are my biggest treasures."
10.
The total Luke spend is said to be $2,189,000. He somehow avoided jail, but still has to pay back the money. Good luck with that!
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