This is why you should call your family and friends when the 'jackpot' suddenly appears in your bank account

[Kstarnet]

Malaysian 'millionaire' student thought her parents gave her the RM13.65 million

Christine Jiaxin Lee, a 21-year-old studying in Sydney, explained that she thought her wealthy parents in Malaysia had banked in the millions into her account in a [phone call] contained in an affidavit obtained by Fairfax Media.

 

Matt Tregoning, Westpac's senior manager of group investigations, contacted Lee after freezing her account upon realising that she had been mistakenly granted an unlimited overdraft. At that point, she had already withdrawn AUD4.6 million (RM13.65 million) that wasn't hers.

 

I bought clothes, shoes, lots of handbags ... They are in my unit at Rhodes," she said, adding that she had only $4000 cash left.

 

According to court documents obtained by Fairfax Media, bank statements show that Lee's first overdraft was on 22 July 2014 due to a monthly rent payment of AUD3,454 (RM10,194). The deficit in her account was quickly topped back up.

 

However, she stopped doing so when two more rent payments went through. Instead, she started transferring small, then large sums to a PayPal account over seven months, totalling AUD4.5 million (RM13.28 million). About half of the money was forwarded to two Commonwealth Bank accounts and used to splurge at Sydney's high-end boutiques.

 

Lee's transactions finally triggered an alert to Westpac's Product Risk unit on 7 April when she transferred AUD1.15 million (RM3.39 million) to her PayPay account in 14 transactions over on day. Westpac promptly froze her account and contacted her.

 

When asked why she thought she had access to that much money, she said, "My parents give me lots of money."

 

"My mother is coming over to visit me in June and will give the bank a cheque. I have [told my parents about it] and they are not very happy with me."

 

Moral of the story: No matter what happens always tell your family and friends to send you a pic of the receipt after they bank the money to you.

 

Credits: http://says.com/my/news/malaysian-student-arrested-for-spending-rm13-6-million-that-didn-t-belong-to-her#segment-164696

[PurachinaDisuko]

I would have been suspicious and called my parents immediately

 

Hopefully, she has learned her lesson

[VARSITY]

uh, isn't it the banks fault she shouldn't have to pay back the full amount

[abra]

her spending habits 

[Krystal.]

I would have been suspicious but it's not entirely her fault. 

[chaedy10]

I still feel like it's the banks fault.

[pinkandgreen]

her spending habits 

[Kstarnet]

I would have been suspicious and called my parents immediately

 

Hopefully, she has learned her lesson

Me too. I would be paranoid and call my mom. Then, I would immediately bolt to the nearest bank, even the journey to the bank will made me thinking that I would die XD

 

her spending habits 

From the source, she spend on handbags, jewellery, phones, selfie camera and a deluxe vacuum cleaner

[Coffee Biscuit]

So if someone accidentally drop 1 million into my bag, I'm supposed to spend it and say "Hey, I thought some extremely rich guy decided to give me a present because of how sad I was looking."

 

Also, she knew the bank made the mistake, and she took full advantage of it

She should definitely pay back in full.

 

 

13 million AUD... That's 38 million Malaysian Ringgit.

Malaysia's minimum wage is 900 Ringgit a month the last time I checked. (Roughly a year ago)

Let's round it up to 1000 ringgit.

That's 13,000 month of monthly wages

1083 years of wages.

 

I can't wait to find out how "wealthy" her parents are. Which should be evident soon when more light are shed on this. I highly doubt her parents are those that can throw 30 million ringgit like it's a generous allowance.

"Sunlight is the best disinfectant" - Milo Yiannopoulos
 

 

The moral of the story is not "call your parents when jackpot"

Rather. something far more simple...

 

 

"Don't be a prick"