Guy who spent $2 million after tech glitch says more money, more problems
Think a cheeky $2 million would solve your problems? Wrong!
A technical glitch gave an Australian man a limitless overdraft on his bank account, allowing him to spend big, and often, but the rich life didn't make him happy.
The bank error allowed Goulburn man Luke Moore, then in his mid 20s, to continue to withdraw money from his bank account as an unlimited overdraft, reaching an excess of A$2.1 million.
After making a handful of payments on his home loan, Moore gradually began spending like Richie Rich, buying Alfa Romeo and Maserati cars, a speed boat and a bunch of valuable pop culture paraphernalia.
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When his financial institution finally cottoned on to the error, Moore was jailed with a minimum total 7 year sentence for obtaining financial advantage by deception and living off the proceeds of a crime.
But this week, Moore was released after just five months served when an appeal in the Supreme Court of New South Wales saw the verdict overturned and Moore walk free -- albeit in a lot of debt.
A back-to-normal Moore said that the millionaire lifestyle wasn't worth the hype anyway and it’s not something he misses, with the exception of "the cocaine, the strippers and fast cars."
Speaking with The Daily Telegraph Moore said that the idea that money buys you women, power and happiness just wasn’t true.
"I pull more chicks now with A$20 in my pocket than I did when I was splashing the bank’s cash," Moore said. "I’ve learned money doesn’t buy everything, but it was great while it lasted."
The 29-year-old man has gone back to university to study criminal law of all things, with a sense that maybe the best things in life really are free.
"Would I do it again? No. I enjoyed driving around in flash cars with no shirt, no shoes and with the wind in my hair… I’ve had to give everything back… but I’m happier this way as I’ve realised my family and friends are my biggest treasures."
Preach!
