Million Dollar Bank Glitch to Broke from drug and hookers

By Jenny Awford, The Sun December 9, 2016 | 8:52am and comments added AskHoffa Team about the #AussieOverDraftKing #AussieOverdraftMillionaire

A debt-ridden student blew $1.3 million on sports cars, speed boats, strippers and cocaine after a bank error gave him an unlimited overdraft.

Wannabe playboy Luke Moore lived the high life for two years before he was caught by cops and jailed on fraud charges.

Million Dollar Bank Glitch to Broke from drug and hookers sounds like a movie plot.  But this was reality for, Luke Moore the Aussie overdraft millionaire.  Let’s get that #AussieOverdraftMillionaire  trending. 

The Australian treated himself to luxury holidays, an Aston Martin, a Maserati and a boat while living the ultimate bachelor lifestyle.
But he was slapped with a four-year jail term last year after the banking glitch came to light.
Luke Moore, 29, went free last week after winning an appeal of his conviction on the grounds that his actions were not deceptive.

Ironically now, he is now broke and living with his mother in Goulburn, New South Wales,”ironically”while studying to become a criminal lawyer.

But he told the Daily Telegraph he did not miss his lavish multimillionaire lifestyle “besides the cocaine, the strippers and fast cars.”
He said he is “still readjusting to real life” and would no longer want to drive around in flashy cars.

The law student bagged the free cash after opening a Complete Freedom account with St George in March 2010.
A computer error meant he was allowed to overdraw the account and spend a total of $1.5 million (AU $2.1 million).
But instead of telling the bank, he made increasingly large withdrawals and transferred the funds into multiple accounts.
As well as buying a framed Michael Jordan shirt, the student used the cash to pay mortgage, insurance and other bills.

This article originally appeared on The Sun before the NY Post. https://nyp.st/2gIN7aZ