Bank Accidentally Allows Man to Withdraw $1.5 Million! Then He Spent It and Went to Jail.
Detroit got an economic bail-out in 2009 from Ronald Paige after he was accidentally allowed to withdraw unlimited amounts of money from some ATMs.
He only had a few hundred dollars in his account, but a few casino ATMs just let him go loose, and loose he went! When Bank of America realized the mistake, they froze his account and notified the authorities.
Guess how long it took for him to spend the money…? Two weeks….smh
Ole Ronald paige was convicted of stealing bank funds, but the prosecutor is only recommending 15 months since it was partially the bank’s fault. He’ll be sentenced next week.
The Wheard: Complex
I’m lilD, and that’s the Word Eye Heard. And he didn’t even save any of that money for a good attorney…
lilD
Yea...I'm way too lazy to fill this out.