Dude Faces 15 Months In Prison After Gambling $1.5 Million Because Bank Of America Glitch Allowed Him To Take Out Unlimited Cash
ABC News – A Detroit man is facing 15 months in prison after he was able to withdraw unlimited ATM cash from his Bank of America account that only held a few dollars. Ronald Page, 55, took advantage of a bank mistake that placed his account into a “pay all’ status that allowed him to withdraw unlimited overdrafts, the U.S. Attorney’s Office in Detroit said. And withdraw he allegedly did: From August 1 to 18 in 2009, Page hit the ATMs, mostly at casinos, and cashiers –for $1,543,104. Page, a retired worker after 30 years at General Motors, had maintained an average balance of about $100 in his account from Dec. 1, 2008 to May 31, 2009, according to his indictment. Between February 2009 and August 2009, his Bank of America account was used primarily for gambling, a court document states, in which he would deposit his winnings and withdraw amounts from $2,000 to $50,000. Then on August 1, because of the bank error, he withdrew $312,000 from ATMs at Greektown Casino in Detroit, then $51,727 the same day from MGM Grand Casino. Finally, on August 18, Bank of America placed a hold on his account when it was overdrawn by over $1.5 million, his indictment states. But the party came to an end August 18, when his attempt to withdraw $52,000 from his account at Greektown Casino was denied. He also went to the Motor City Casino on August 19 and attempted to withdraw $51,400 from his account but was again denied. Bank of America advised him on August 21, 2009 that his account was overdrawn by over $1.5 million and demanded immediate repayment. Page has not repaid Bank of America. Page pled guilty on March 7 to theft of bank funds. His sentencing will take place on June 27.
First there was the dude in trouble for spending 70 grand that ended up in his account, and now this poor son of a bitch. This fucking bullshit where all the sudden everyone has to be a Good Samaritan and basically turn themselves in for getting free money. What kind of fantasy world bullshit is that? Oh the ATM is giving me unlimited money, let me just go call the police! Fuck that. That is just not a reasonable expectation in the world today. Its just not. Its like the slutty chick who gets wasted and wants to fuck and the next morning realizes she fucked up so she cries rape. You fucked up, it ain’t anybody elses fault. And now he’s facing jail time and he’s gotta pay Bank of America back? For sure not. The only thing more ridiculous than an ATM glitch giving a gambling addict millions of dollars for free is Bank of America wanting to get it back. Sorry, BoA. You fucked up. Should have to just chalk that up to a loss and do better next time.