What would you do if the bank just let you keep taking money out? A 22-year old Australian man took advantage of a bank error that allowed him to withdraw funds up to $1.5 million and spent it how you would expect: on hookers, drugs and cars.
According to the Mirror, Luke Moore stumbled upon a bank glitch that gave him practically unlimited access to all the cash he wanted. He was 22 at the time, and several thousand dollars in debt. So naturally, he took full advantage of the cash infusion and lived out his bachelor fantasies by spending the money on prostitutes and cocaine. Of course, a young baller needs some hot rides to match his lifestyle, so he purchased a Maserati, an Aston Martin and a boat.
He lived the high life for two years before authorities caught up with him and charged him with fraud. After a stint in jail, he successfully appealed his conviction by arguing his actions were “not deceptive.”
Now Moore lives back at home with his mom, drives a cheap car and lives off of Ramen noodles. According to the Mirror, Moore says he’s happier now than he was when he was living off of all that extra cash. From the Mirror:
He said: “I pull more chicks now with $20 in my pocket than I did when I was splashing the bank’s cash.
“With age comes wisdom and confidence and I’ve learned money doesn’t buy everything — but it was great while it lasted.”
Having successfully used the precedent of Finders Keepers v. Losers Weepers, Moore is back at school, currently studying criminal law.