[deleted]
The bank lent me $2m so I spent it on strippers and cars
11–20 of 243 posts
Re: The bank lent me $2m so I spent it on strippers and cars
#12they weren't charging him interest? if so, why waste money on things that don't yield a return on investment. you could day trade and just put it back in the account. and that way you probably wouldn't get arrested.
>you could day trade and just put it back in the account. That way he would have spent just as much money, but sitting in front of a computer instead of being coked up with strippers.
valid point
Re: The bank lent me $2m so I spent it on strippers and cars
#13Nice to see the turnaround from strippers and cocaine to attending law school and helping other people out.
Well he simply switched groups he was 'helping': he used to be helping Strippers and Coke dealers (financially), now he's helping others with his newfound law insights and retelling of this story.
Re: The bank lent me $2m so I spent it on strippers and cars
#14Listening to it on the radio, the guy just seemed so apathetic. That it seemed almost like a Satire skit.
He bought several expensive cars, spent time in Thailand, and started buying celebrity memorabilia and art?
I wonder if people like this get caught because of their blatant disregard for consequences. And that there's lots of people who fall into similar mistakes/loop holes but are just very reserved and try to fly low.
Re: The bank lent me $2m so I spent it on strippers and cars
#15I'm not sure I understood the story.
Is it that he would transfer money from his account, and it always succeeded even if there was no funds???
Re: The bank lent me $2m so I spent it on strippers and cars
#16Nice to see the turnaround from strippers and cocaine to attending law school and helping other people out.
There's no ethics requirement in Australia for lawyers? Wouldn't it be tough to get admitted to the bar in the US after a stunt like this?
Re: The bank lent me $2m so I spent it on strippers and cars
#17It's unbelievable how the bank didn't notice for that long. That goes to show the power of what a sysadmin at a bank can have, take money and cover his/her tracks. Unfortunately for this guy he was in no such position.
Re: The bank lent me $2m so I spent it on strippers and cars
#18Re: The bank lent me $2m so I spent it on strippers and cars
#19Apparently he had all his fun in 2 months.
Two years
> July 2010 to August 2012: Makes more than 50 withdrawals, apparently totalling $1,988,535.25
Re: The bank lent me $2m so I spent it on strippers and cars
#20The big story for me here is: don't rely on your lawyers. Not unless they cost enough to rely on. Form a strong idea of your own case and your own defense. Even if you're not representing yourself.