How One Man Exploited an ATM Glitch to Spend $1.6 Million in Four Months
In 2011, Dan Saunders, a bartender from rural Victoria, stumbled on a flaw in National Australia Bank’s ATM system. A failed $200 transfer still dispensed cash, revealing a daily one-hour window for free withdrawals. Over four months, he lived the high life with private jets, luxury hotels, limousines and endless champagne. He even financed cars, horses and dinners for friends, all on what appeared to be a nearly unlimited balance. Consumed by guilt and fear, Saunders eventually confessed to the bank. Three years later, after speaking openly about his exploits and inspiring the film “ATM Boy,” he was arrested and charged with fraud and theft. He served 12 months in prison, completed community service and paid compensation. Now back at work as a bartender, he reflects on how a simple glitch led to a wild but regretful chapter in his life.
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