Bank error prompts young guy to splurge on cars and hookers!
Discussion
A tool maybe, but an excellent tool 
As the guy now reads up on the law and they quashed his conviction, he had no obligation to inform the bank it would seem. So yeah, why not spend it if the bank fails in its own rules for checking up on where they send the cash?
If the law is the same here in the UK, I'd do similar. I'd be out spending on cars and other luxuries.
As the guy now reads up on the law and they quashed his conviction, he had no obligation to inform the bank it would seem. So yeah, why not spend it if the bank fails in its own rules for checking up on where they send the cash?
If the law is the same here in the UK, I'd do similar. I'd be out spending on cars and other luxuries.
Atomic12C said:
A tool maybe, but an excellent tool
As the guy now reads up on the law and they quashed his conviction, he had no obligation to inform the bank it would seem. So yeah, why not spend it if the bank fails in its own rules for checking up on where they send the cash?
If the law is the same here in the UK, I'd do similar. I'd be out spending on cars and other luxuries.
You wouldn't, though.As the guy now reads up on the law and they quashed his conviction, he had no obligation to inform the bank it would seem. So yeah, why not spend it if the bank fails in its own rules for checking up on where they send the cash?
If the law is the same here in the UK, I'd do similar. I'd be out spending on cars and other luxuries.
You'd almost certainly realise it's other people's money you'd be spending, and you'd decide not to be a total dick.
I have faith in you!
iphonedyou said:
You'd almost certainly realise it's other people's money you'd be spending, and you'd decide not to be a total dick.
It was a bank's money.AUD2m is a complete rounding error for the AUD108bn market cap of Westpac (the parent of St George's).
I am not sure you get closer to a victimless crime than this.
Although I guess someone lost their job, perhaps.
walm said:
It was a bank's money.
AUD2m is a complete rounding error for the AUD108bn market cap of Westpac (the parent of St George's).
I am not sure you get closer to a victimless crime than this.
Although I guess someone lost their job, perhaps.
There is no such thing as victimless crime. And it is not the bank's money. AUD2m is a complete rounding error for the AUD108bn market cap of Westpac (the parent of St George's).
I am not sure you get closer to a victimless crime than this.
Although I guess someone lost their job, perhaps.
Murph7355 said:
walm said:
It was a bank's money.
AUD2m is a complete rounding error for the AUD108bn market cap of Westpac (the parent of St George's).
I am not sure you get closer to a victimless crime than this.
Although I guess someone lost their job, perhaps.
There is no such thing as victimless crime. And it is not the bank's money. AUD2m is a complete rounding error for the AUD108bn market cap of Westpac (the parent of St George's).
I am not sure you get closer to a victimless crime than this.
Although I guess someone lost their job, perhaps.
This would be written off as bad debt, like all the other unpaid overdrafts.
That would reduce the equity at the bank.
They haven't taken Granny Doris's savings and given them to this fella.
They aren't writing to Doris explaining that her savings balance is lower now because they screwed up!!!!
BoRED S2upid said:
I'd have done exactly the same even if I knew there might be a possibility of 2 years hard time £2million for 2 years inside studying law. Most people spend money studying law this guy did it for free and used his knowledge to great effect.
Are you allowed to practice law if you've got a record for a serious crime like this?I'd do the same now to be honest but I wouldn't spend the money on coke and hookers, I buy something a bit more permanent.
FredClogs said:
Are you allowed to practice law if you've got a record for a serious crime like this?
I'd do the same now to be honest but I wouldn't spend the money on coke and hookers, I buy something a bit more permanent.
His conviction was overturned. Judge said although he had a clear moral situ to tell the bank, he didn't have a legal obligation to do so. I'd do the same now to be honest but I wouldn't spend the money on coke and hookers, I buy something a bit more permanent.
So you've got to pick a crime that you'll get wrongly convicted of, study like a b
d, then explain to the beak why you should nevet have been sent down in the first place. Not perhaps the world's most reliable plan for personal development.walm said:
Murph7355 said:
walm said:
It was a bank's money.
AUD2m is a complete rounding error for the AUD108bn market cap of Westpac (the parent of St George's).
I am not sure you get closer to a victimless crime than this.
Although I guess someone lost their job, perhaps.
There is no such thing as victimless crime. And it is not the bank's money. AUD2m is a complete rounding error for the AUD108bn market cap of Westpac (the parent of St George's).
I am not sure you get closer to a victimless crime than this.
Although I guess someone lost their job, perhaps.
This would be written off as bad debt, like all the other unpaid overdrafts.
That would reduce the equity at the bank.
They haven't taken Granny Doris's savings and given them to this fella.
They aren't writing to Doris explaining that her savings balance is lower now because they screwed up!!!!
Do you not grasp the concept that the bank has to be owned by someone? Whether share holders or someone else. Ultimately someone has lost money, writing it off as you say doesn't make it magically re-appear!
Road2Ruin said:
walm said:
Murph7355 said:
walm said:
It was a bank's money.
AUD2m is a complete rounding error for the AUD108bn market cap of Westpac (the parent of St George's).
I am not sure you get closer to a victimless crime than this.
Although I guess someone lost their job, perhaps.
There is no such thing as victimless crime. And it is not the bank's money. AUD2m is a complete rounding error for the AUD108bn market cap of Westpac (the parent of St George's).
I am not sure you get closer to a victimless crime than this.
Although I guess someone lost their job, perhaps.
This would be written off as bad debt, like all the other unpaid overdrafts.
That would reduce the equity at the bank.
They haven't taken Granny Doris's savings and given them to this fella.
They aren't writing to Doris explaining that her savings balance is lower now because they screwed up!!!!
Do you not grasp the concept that the bank has to be owned by someone? Whether share holders or someone else. Ultimately someone has lost money, writing it off as you say doesn't make it magically re-appear!
Walm sounds like a reasonable, logical guy most of the time. And then condones "victimless" crime. Weird.
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