Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
How To Splurge Mysterious Money From Your Bank Account
#1
[Image: _92958594_a2c657e4-5b78-4a29-ac91-45a23827e638.jpg]

Luke Brett Moore, a young Australian, had just lost his job when he discovered his bank was mistakenly allowing him unlimited credit. It was too good an opportunity to miss. As he explains here, in his own words, he started spending and didn't stop - until one day there was a knock on the door.

http://www.bbc.com/news/magazine-38308842
Reply
#2
It seems unbelievable but my intention was never to take all the money from the St George Bank and not pay it back.
Reply
#3
I was essentially waiting for the bank to contact me and say: "Hey you, I want this amount of money" and I would have gone from there.
Reply
#4
Originally, in 2010, I just had a normal everyday banking account. My home loan, my health insurance and bills were coming out of it.
Reply
#5
I had had a pretty bad car accident and my pay started going into another bank. I can't remember the exact circumstances of why that happened.
Reply
#6
The first week I was worried as there was no money to pay the mortgage. What was I going to do? But then the payment went through from my St George account and I thought, "Oh, OK."
Reply
#7
And then the next fortnight the next $500 (£296) payment of my mortgage went through. It went on and on like that for 12 months without the bank saying anything, but my account was becoming overdrawn.
Reply
#8
[Image: _92958595_3ca87d8d-857d-4c11-b5a4-c3edb5ab3a63.jpg]
Reply
#9
About that time I rang my home loan company and said, "Hey, can you direct-debit $5,000 (£3,000) from my St George account?" And then a couple of days later I said $50,000. They were both approved.
Reply
#10
I was shocked. I had found myself with access to an extraordinary large line of credit.
Reply


Forum Jump:






Users browsing this thread: 1 Guest(s)