New Zealand Couple Bank Error
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ad Petrol station owner accidentally given £3.4million in bank error gets four years after going on the run and spending it Hui 'Leo' Gao spent millions of dollars from his account after a bank error gave him £3.4mDubbed the bank accidentally deposits a ton of money 'accidental millionaire'Along with girlfriend Kara Hurring, he fled from New Zealand to Hong KongAn international
If The Bank Makes A Mistake Can I Keep The Money
manhunt was done to find themGao was jailed for four years and seven months todayHurring was sentenced to nine months home detention for accidental millionaire her lesser role in the crime By Alex Ward Published: 17:08 GMT, 24 August 2012 | Updated: 17:08 GMT, 24 August 2012 7 View comments A petrol station owner has been sentenced to four years and seven months http://www.cnn.com/2012/08/24/world/asia/new-zealand-accidental-millionaire-sentenced/ in jail after going on the run when a bank error mistakenly transferred £3.4 million into his account.Dubbed the ‘accidental millionaire’, Hui ‘Leo’ Gao, 32, triggered an international manhunt after he fled New Zealand with his girlfriend Kara Hurring, transferring the mistaken money into overseas bank accounts and spending it abroad.Hurring, 33, was sentenced to nine months of home detention for her role in the crime which was ‘significantly less’ and because she needed to look after http://www.dailymail.co.uk/news/article-2193145/Accidental-millionaire-given-3-4m-bank-error-caught-international-fugitive.html the couple’s two children. 'Accidental millionaire': Hui 'Leo' Gao went on the run after transferring £3.4 million into overseas bank accounts when a bank error gave him access to the money Gao’s lawyer Ron Mansfield said his client could not resist the temptation of such a large amount of money.He said: ‘Your Honour, some say the greatest temptation was faced by Adam and Eve in the Garden of Eden but these are modern times for a man trying to keep the doors of his small business open, $10 million (£5.13 million) placed in his bank account was a very great temptation.’ RELATED ARTICLES Previous 1 2 Next Now banks face probe into the millions lost by slip of a finger in online transfers 'My £7,000 just vanished': How a slip of a finger could cost your life savings Increasing numbers committing mortgage fraud by lying about their finances as lenders get tough Share this article Share Mr Mansfield also said his client had no premeditation and had not used any fraudulent means to steal the money.The offence started when Australian bank Westpac accidentally gave Gao access to £5.1 million when he applied for overdraft financing for his business which he owned with his mother in Rotorua, New Zealand.The bank approved his overdraft application with a £51,300 limit but a clerical error gave him access to 100 ti
MSN Index Bing NBCNews.com sites & shows: TODAY Nightly News Meet the Press Dateline Morning Joe Hardball Ed Maddow The Last Word msnbc Want more world news? Join us on Facebook | Follow http://www.nbcnews.com/id/30860773/ns/world_news-weird_news/t/couple-withdraws-money-flees-after-bank-error/ us on Twitter Home US World Politics Business Sports Entertainment Health Tech Science Travel http://www.stuff.co.nz/national/crime/2428243/Couple-missing-after-10m-bank-bungle Local Weather Weird news on NBCNews.com Search Advertise Couple withdraws money, flees after bank error New Zealand institution mistakenly deposited $6.1 million into account Below: x Jump to text Police are looking for a New Zealand couple who disappeared after a bank mistaken... text x Jump to discuss comments below discuss x Next story in bank accidentally Weird news related Advertise Video: Couple takes mistaken millions and runs Open in new window updated 5/21/2009 4:55:45 AM ET 2009-05-21T08:55:45 Print Font: + - WELLINGTON, New Zealand-- Police are looking for a New Zealand couple who disappeared after a bank mistakenly put 10 million New Zealand dollars ($6.1 million) into their account. The couple, who ran a gas station in the northern city of Rotorua, applied to Westpac Bank bank accidentally deposits for a NZ$10,000 ($6,000) overdraft and had 1000 times that amount paid into their account. The two then withdrew some of the money and disappeared, Detective Senior Sgt. David Harvey said. Harvey said Interpol has been contacted for help, suggesting authorities believe they may have fled abroad with the cash. "We are currently conducting an investigation into the individuals that may have been involved in the withdrawal of that money," Harvey said. ‘Vigorous’ legal action pursued Westpac Bank said in a statement it was "pursing vigorous criminal and civil action to recover the sum of money stolen," but declined further comment. Massey University banking lecturer Claire Matthews said the "lucky" recipients likely would not get away with the cash. "They've effectively, I guess, become thieves — but it is only going to be a matter of time" before they are found, she told the NewstalkZB radio network. The pair would be hard pressed to argue they honestly believed they were entitled to such a huge sum of money, she added. More on New Zealand Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Advertise Advertise Advertise Discuss: Discussion comments " " Expand Collapse , Reply Advertise A
missing after $10m bank bungle Last updated 17:52 21/05/2009 Rotorua Review SHUTTING UP SHOP: Petrol tanks being removed from BP Barnetts a few weeks ago. The station's owners are being sought after $10m was mistakenly lodged in their bank account. The station has since closed and the couple are thought to have fled New Zealand. Multi-million dollar mistake Relevant offers Crime Vigilante fears as tyres slashed near Wellington Airport Gable Tostee: How an Instagramming juror nearly jeopardised trial over Warriena Wright's death Tribal Huk to auction off hammer to feed the hungry kids of New Zealand Burgled by the wheelie bin bandits Jail time for man's second indecent assault on a child Wellington dairy owner regrets actions after altering historic building without consent Conman Paul William Abbott would 'have difficulty lying straight in bed', judge says Caleb Kovaleski - 'the face of New Zealand's meth epidemic' Jewellery thieves come through roof of South Waikato store Man indecently assaults 82-year-old woman while on bail for blackmail An Asian couple understood to have fled New Zealand after a banking error involving millions of dollars, may be in China. A Rotorua Review source today confirmed that a police liaison officer was sent to China to search for the couple after $10 million was deposited into their bank account. It is understood that the sum of money involved is $6m, with $4m having already been recovered. When asked by the Review whether he could confirm the China link, Detective Sergeant David Harvey said: "I'm not prepared to offer any comment at this stage." The couple, who ran Rotorua service station BP Barnetts, are understood to have applied to Westpac Bank for a $10,000 overdraft and mistakenly had $10 million paid into their account. Westpac media relations manager Craig Dowling would not comment on the specifics of the case due the police investigation and court actions requiring confidentiality. "I can say that Westpac is pursuing vigorous criminal and civil action to recover a sum of money stolen,