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Old 06-19-2012, 09:04 PM   #1
EmptyTimCup
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etroit Man Gambles Away $1.5M After Bank Error

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Jackpot? Detroit Man Gambles Away $1.5M After Bank Error…And Now Faces 15 Months in Prison


Now, ABC explains:
The U.S. Attorney’s Office recommended 15 months in prison for Page and that the court order restitution to Bank of America for the $1,543,104.

“In this case, the bank’s glitch allowed the defendant to lose a significant amount of money that was not even his in the first place,” states the U.S. Attorney’s sentencing memorandum, filed on June 11. “The fact that defendant acted on an impulse does not minimize the seriousness of his conduct and the need for a custodial sentence.”

They also recommended Page be prohibited from gambling activity, lotteries, or wagering of any kind and from entering the premises of any gambling casinos, horse tracks, bingo parlors, or dog races or wherever gambling activity is conducted.
Noting that he is not a violent offender, the memorandum justifies monitoring his gambling habits: “If his gambling addiction is not addressed, he is very likely to cause further financial hardship to himself and his family.” On top of that, though he will likely never be able to pay back the entire $1.5 million, he will be asked to pay an undetermined percentage.


Racist Bank .......... I thought All Blacks had a:

Quote:
Then, mistakenly placed into a “pay all” category, Page was allowed to incur unlimited overdrafts.

on their bank accounts .......
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Old 06-19-2012, 09:09 PM   #2
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Poor baby. Poor stupid, idiotic, but definitely one of the most stupid babies ever.

Perhaps he could be one of the sons that the big o never had.
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Old 06-20-2012, 06:59 AM   #3
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Poor baby. Poor stupid, idiotic, but definitely one of the most stupid babies ever.

Perhaps he could be one of the sons that the big o never had.
If I had a son, thats what his spending would look like

Like father like son, gamble away other peoples money, leave a bill that can never be repaid
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