Thursday, September 5, 2013

Detroit Man Gambled Away Over $1.5M After ATM Error

Electronic errors can cost lots of money when they occur at an ATM. 

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.
Don't forget to buy ATMs for Amateurs by Josef Toth

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