Detroit man gambles away $1.5 million - GoFuckYourself.com

brassmonkey · 06-20-2012, 08:48 AM

accidentally given by ATM

ill pay you back in 500 years

damn fool

buy a business and pay it back with equity at least he would have a better chance

Ronald Page seemingly had it made when Bank of America unintentionally changed his account status, allowing the 55-year-old man to make unlimited ATM cash overdraft withdrawals.

But ABC News reports that Page, who in reality had only $300 in his checking account, used the accidental loophole to withdraw more than $1.5 million?losing it all on gambling.

And even worse for Page, the U.S. Attorney's Office in Detroit says he is now facing 15 months in prison after pleading guilty to charges of theft of bank funds, $1,543,104 in total between December 1, 2008 and May 31, 2009.

"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," reads the U.S. Attorney's sentencing memorandum, obtained by ABC. "The fact that defendant acted on an impulse does not minimize the seriousness of his conduct and the need for a custodial sentence."

The day the Bank of America glitch went into effect, Page reportedly withdrew $312,000 from ATMs at the Greektown Casino in Detroit and an additional $51,727 from the MGM Grand Casino. Bank of America placed a hold on his account 17 days later, but he had already withdrawn $1.5 million by that point.

The glitch reportedly occurred because Page originally had a banking account with LaSalle Bank. When Bank of America acquired LaSalle, the glitch somehow occurred while the two banking institutions were transferring account information.

Page, who does not have a prior record, could have faced a steeper sentence but prosecutors said his crime was a "lapse of judgment" and placed blame with Bank of America for allowing the withdrawals to take place.

In addition to the recommended 15-month sentence and order to repay the funds, the U.S. Attorney's Office has suggested that Page be prohibited from gambling in any capacity.

"If his gambling addiction is not addressed, he is very likely to cause further financial hardship to himself and his family," the memorandum reads.

full article...

Spunky · 06-20-2012, 08:52 AM

I wonder if he blew some of his windfall on some reefer

foulfowl · 06-20-2012, 08:54 AM

Saw this on the local news here in Detroit. I think dude used the gambling as a front. He stashed that money away somewhere and he'll quietly get it and disappear after he does his little 15 month bid.

brassmonkey · 06-20-2012, 08:56 AM

Quote:

Originally Posted by foulfowl

Saw this on the local news here in Detroit. I think dude used the gambling as a front. He stashed that money away somewhere and he'll quietly get it and disappear after he does his little 15 month bid.

wtf? 15 months?

PR_Glen · 06-20-2012, 09:03 AM

Quote:

Originally Posted by brassmonkey

wtf? 15 months?

1 month for every 100g's? sign me up! hehe

foulfowl · 06-20-2012, 09:05 AM

Quote:

Originally Posted by PR_Glen

1 month for every 100g's? sign me up! hehe

Exactly what I was thinking

RebelR · 06-20-2012, 09:07 AM

Quote:

Originally Posted by foulfowl

Saw this on the local news here in Detroit. I think dude used the gambling as a front. He stashed that money away somewhere and he'll quietly get it and disappear after he does his little 15 month bid.

first thing that crossed my mind as well

Makaveli · 06-20-2012, 09:09 AM

Quote:

Originally Posted by foulfowl

Saw this on the local news here in Detroit. I think dude used the gambling as a front. He stashed that money away somewhere and he'll quietly get it and disappear after he does his little 15 month bid.

That would be the smart thing to do. My guess is he's not that smart.

Also, they most likely have him on camera at the casino dumping that money.

thegreatestporn · 06-20-2012, 09:19 AM

How's he going to repay it?

brassmonkey · 06-20-2012, 09:25 AM

Quote:

Originally Posted by PR_Glen

1 month for every 100g's? sign me up! hehe

that's what i was thinking

kristin · 06-20-2012, 09:26 AM

Quote:

Originally Posted by Makaveli

That would be the smart thing to do. My guess is he's not that smart.

Also, they most likely have him on camera at the casino dumping that money.

I'd have to agree. While we might think he'd want to the smart thing, he didn't.

smutnut · 06-20-2012, 09:30 AM

15 months?!! LOL, I could do fifteen months on the toilet for 1.5 million

Tom_PM · 06-20-2012, 09:31 AM

Loosest ATM's in town.

djroof · 06-20-2012, 09:34 AM

Quote:

Originally Posted by smutnut

15 months?!! LOL, I could do fifteen months on the toilet for 1.5 million

hahahahahaha

brassmonkey · 06-20-2012, 09:37 AM

Quote:

Originally Posted by PR_Tom

Loosest ATM's in town.

i had $5600 spit out a atm. i parked and sprinted into the bank

dont play with their money

Makaveli · 06-20-2012, 09:39 AM

Quote:

Originally Posted by thegreatestporn

How's he going to repay it?

Anal sex.

AllAboutCams · 06-20-2012, 09:42 AM

15 month for 1.5mil hell yes

Webmaster Advertising · 06-20-2012, 09:44 AM

Quote:

Originally Posted by brassmonkey

i had $5600 spit out a atm. i parked and sprinted into the bank

dont play with their money

Doesn't count if you run into the ATM with a stolen pickup truck to make it 'spit' the money out...

brassmonkey · 06-20-2012, 09:46 AM

Quote:

Originally Posted by Webmaster Advertising

Doesn't count if you run into the ATM with a stolen pickup truck to make it 'spit' the money out...

its grand theft a felony

Just Alex · 06-20-2012, 09:55 AM

Racists at the bank and DA office

bronco67 · 06-20-2012, 10:21 AM

15 months in jail?

This should warrant a trip to the guillotine, mainly for being so fucking stupid.

Lykos · 06-20-2012, 10:29 AM

Jesus... no comment...

The Ghost · 06-20-2012, 10:37 AM

Quote:

Originally Posted by RebelR

first thing that crossed my mind as well

Almost everybody is thinking that

lazycash · 06-20-2012, 11:17 AM

Quote:

And even worse for Page, the U.S. Attorney's Office in Detroit says he is now facing 15 months in prison after pleading guilty to charges of theft of bank funds, $1,543,104 in total between December 1, 2008 and May 31, 2009.

Quote:

The day the Bank of America glitch went into effect, Page reportedly withdrew $312,000 from ATMs at the Greektown Casino in Detroit and an additional $51,727 from the MGM Grand Casino. Bank of America placed a hold on his account 17 days later, but he had already withdrawn $1.5 million by that point.

I'm somewhat confused, the first part suggests the withdrawals were over a span of 6 months, then it makes it sound like BofA caught it after only a couple of weeks. Those have to be the nicest prosecutors I've ever heard of, referring to his crime as simply a "lapse of judgement". lol

candyflip · 06-20-2012, 11:58 AM

Quote:

Originally Posted by Makaveli

That would be the smart thing to do. My guess is he's not that smart.

Also, they most likely have him on camera at the casino dumping that money.

Which would mean that the Casino will be giving the money back to it's rightful owner correct?

Klen · 06-20-2012, 12:09 PM

Quote:

Originally Posted by candyflip

Which would mean that the Casino will be giving the money back to it's rightful owner correct?

Just wanted to ask same :D

smutnut · 06-20-2012, 12:15 PM

Quote:

Originally Posted by lazycash

I'm somewhat confused, the first part suggests the withdrawals were over a span of 6 months, then it makes it sound like BofA caught it after only a couple of weeks. Those have to be the nicest prosecutors I've ever heard of, referring to his crime as simply a "lapse of judgement". lol

It would have to be. You have limits on ATM Withdrawals for these types of reasons. Still the dumb ass DA mentioned something about impulsiveness. If that's impulsive, then every fucking criminal on earth is impulsive LOL.

Well, I was pacing outside the bank fully armed to the teeth, but hadn't actually committed to the crime yet, your honor. Then impulsively and all of a sudden I decided I would do It and I ran into the bank screaming for everyone to get the fuck on the floor!

brassmonkey · 06-20-2012, 12:16 PM

Quote:

Originally Posted by candyflip

Which would mean that the Casino will be giving the money back to it's rightful owner correct?

actually the bank will have to sue the account holder.

http://consumerist.com/2010/03/that-...not-yours.html

Buff · 06-20-2012, 12:27 PM

My dad always told me that if all the liquid assets in the world were distributed evenly to every adult, within 10 years it would pretty much all be right back where it is now.

ottopottomouse · 06-20-2012, 01:06 PM

Quote:

Originally Posted by Buff

My dad always told me that if all the liquid assets in the world were distributed evenly to every adult, within 10 years it would pretty much all be right back where it is now.

Probably right given the way if someone who has never had money suddenly comes into a windfall they spunk it all on useless shit very quickly.

Vapid - BANNED FOR LIFE · 06-20-2012, 01:12 PM

When corporations are immune to any responsibility you are basking in fascism.

seeandsee · 06-20-2012, 01:27 PM

he stashed money, and waiting to exit

DWB · 06-20-2012, 02:45 PM

15 months for $1.5 million... that would be tempting.

Not easy to get that kind of CASH out of the USA. Not impossible, but you would have to put in some work at the laundry mat or get really creative.

nakeddutch · 06-24-2012, 09:50 PM

What type of bank can't keep
track of 1.5 million for over a year?!?

teennutsuckers · 06-24-2012, 09:56 PM

leave it up to the D

PiracyPitbull · 06-24-2012, 11:21 PM

Quote:

Originally Posted by Buff

My dad always told me that if all the liquid assets in the world were distributed evenly to every adult, within 10 years it would pretty much all be right back where it is now.

sadly believable.

Zarathustra · 06-24-2012, 11:48 PM

but he has to repay it so actually he got nothing....stashed or not

Wilbo · 06-25-2012, 04:45 AM

My bank has a $400 limit per day on ATM withdraws.

nico-t · 06-25-2012, 06:29 AM

fuck banks, 1.5 mill is pennies for those crooks. They fucked up, their fault.

michael.kickass · 06-25-2012, 06:36 AM

15 months, that's nuts.

marlboroack · 06-25-2012, 06:42 AM

Wonder if i am @ my 1.5m mark on buying hookers.

John-ACWM · 06-26-2012, 02:00 AM

decisions, decisions...

HomerSimpson · 06-26-2012, 06:08 AM

what an idiot...

Ross · 06-26-2012, 06:25 AM

If he had any sense he'd have took it all out, put it in a high interest account, paid it back, walked off with the interest to start a somewhat decent life.. especially if he only really had $300 to his name.

06-20-2012, 08:48 AM	#1
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 76,916	Detroit man gambles away $1.5 million accidentally given by ATM ill pay you back in 500 years damn fool buy a business and pay it back with equity at least he would have a better chance Ronald Page seemingly had it made when Bank of America unintentionally changed his account status, allowing the 55-year-old man to make unlimited ATM cash overdraft withdrawals. But ABC News reports that Page, who in reality had only $300 in his checking account, used the accidental loophole to withdraw more than $1.5 million?losing it all on gambling. And even worse for Page, the U.S. Attorney's Office in Detroit says he is now facing 15 months in prison after pleading guilty to charges of theft of bank funds, $1,543,104 in total between December 1, 2008 and May 31, 2009. "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," reads the U.S. Attorney's sentencing memorandum, obtained by ABC. "The fact that defendant acted on an impulse does not minimize the seriousness of his conduct and the need for a custodial sentence." The day the Bank of America glitch went into effect, Page reportedly withdrew $312,000 from ATMs at the Greektown Casino in Detroit and an additional $51,727 from the MGM Grand Casino. Bank of America placed a hold on his account 17 days later, but he had already withdrawn $1.5 million by that point. The glitch reportedly occurred because Page originally had a banking account with LaSalle Bank. When Bank of America acquired LaSalle, the glitch somehow occurred while the two banking institutions were transferring account information. Page, who does not have a prior record, could have faced a steeper sentence but prosecutors said his crime was a "lapse of judgment" and placed blame with Bank of America for allowing the withdrawals to take place. In addition to the recommended 15-month sentence and order to repay the funds, the U.S. Attorney's Office has suggested that Page be prohibited from gambling in any capacity. "If his gambling addiction is not addressed, he is very likely to cause further financial hardship to himself and his family," the memorandum reads. full article... __________________ TRUMP 2025 KEKAW!!! - Support The Laken Riley Act!!! END DACA - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

06-20-2012, 08:52 AM	#2
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,919	I wonder if he blew some of his windfall on some reefer __________________ *Skype : Spunky GFY*

06-20-2012, 08:54 AM	#3
foulfowl Confirmed User Industry Role: Join Date: Feb 2003 Location: Detroit Summers/Miami Winters Posts: 300	Saw this on the local news here in Detroit. I think dude used the gambling as a front. He stashed that money away somewhere and he'll quietly get it and disappear after he does his little 15 month bid. __________________ FOULFOWL.BIZ

06-20-2012, 09:19 AM	#9
thegreatestporn Confirmed User Industry Role: Join Date: May 2012 Location: Los Angeles, California Posts: 516	How's he going to repay it? __________________ CrakRevenue \| WebCamWiz - Free WebCam Whitelabel \|

06-20-2012, 09:31 AM	#13
Tom_PM Porn Meister Industry Role: Join Date: Feb 2005 Posts: 16,443	Loosest ATM's in town. __________________ 43-922-863 Shut up and play your guitar.

06-20-2012, 09:30 AM	#12
smutnut So Fucking Banned Industry Role: Join Date: Jul 2007 Location: Babylon Posts: 5,889	15 months?!! LOL, I could do fifteen months on the toilet for 1.5 million

06-20-2012, 09:42 AM	#17
AllAboutCams Femcams.com Industry Role: Join Date: Jul 2011 Location: bjcam.com Posts: 12,220	15 month for 1.5mil hell yes __________________ Binance - Blockchain and Crypto Asset Exchange Chaturbate make money in cams

06-20-2012, 09:55 AM	#20
Just Alex Liv Benson to You, Bitch Industry Role: Join Date: Aug 2007 Location: Maryland and WV Posts: 6,060	Racists at the bank and DA office __________________

06-20-2012, 10:21 AM	#21
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,035	15 months in jail? This should warrant a trip to the guillotine, mainly for being so fucking stupid. __________________

06-20-2012, 10:29 AM	#22
Lykos Too lazy to set a custom title Industry Role: Join Date: Apr 2003 Location: World Posts: 31,017	Jesus... no comment... __________________

06-20-2012, 12:27 PM	#29
Buff GFY Assassin Industry Role: Join Date: May 2003 Posts: 2,993	My dad always told me that if all the liquid assets in the world were distributed evenly to every adult, within 10 years it would pretty much all be right back where it is now.

06-20-2012, 01:12 PM	#31
Vapid - BANNED FOR LIFE Barterer Industry Role: Join Date: Aug 2004 Posts: 4,864	When corporations are immune to any responsibility you are basking in fascism.

06-20-2012, 01:27 PM	#32
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	he stashed money, and waiting to exit __________________ BUY MY SIG - 50$/Year Contact here

06-20-2012, 02:45 PM	#33
DWB Registered User Industry Role: Join Date: Jul 2003 Location: Encrypted. Access denied. Posts: 31,779	15 months for $1.5 million... that would be tempting. Not easy to get that kind of CASH out of the USA. Not impossible, but you would have to put in some work at the laundry mat or get really creative.

06-24-2012, 09:50 PM	#34
nakeddutch Confirmed User Industry Role: Join Date: Oct 2009 Posts: 7,931	What type of bank can't keep track of 1.5 million for over a year?!? __________________ Women in Kilts TGP Naughty Women in Kilts Lovense Get a Kilt. Sell Porn For Crypto - ZERO Transaction Fees.

06-24-2012, 09:56 PM	#35
teennutsuckers My Sig was too Big! :( Industry Role: Join Date: Jun 2012 Posts: 216	leave it up to the D

06-24-2012, 11:48 PM	#37
Zarathustra Confirmed User Join Date: Oct 2005 Posts: 1,094	but he has to repay it so actually he got nothing....stashed or not

06-25-2012, 04:45 AM	#38
Wilbo Confirmed User Join Date: Mar 2001 Location: Baltimore Posts: 2,082	My bank has a $400 limit per day on ATM withdraws.

06-25-2012, 06:29 AM	#39
nico-t emperor of my world Join Date: Aug 2004 Location: nethalands Posts: 29,903	fuck banks, 1.5 mill is pennies for those crooks. They fucked up, their fault.

06-25-2012, 06:36 AM	#40
michael.kickass Too lazy to set a custom title Join Date: Mar 2009 Posts: 11,039	15 months, that's nuts. __________________ NICERATIOS - $30 PPS - 50% Rev Share - 5% WM Referral - High Converting Sites! Any questions about your NICERATIOS account? Vanessa will take care of you: [email protected] Looking to expand your business in general, maybe sell your sites? Contact me: [email protected]

06-25-2012, 06:42 AM	#41
marlboroack So Fucking Banned Industry Role: Join Date: Jul 2010 Location: ☣ Posts: 9,327	Wonder if i am @ my 1.5m mark on buying hookers.

06-26-2012, 02:00 AM	#42
John-ACWM Work Work Work Industry Role: Join Date: Nov 2008 Location: EU Posts: 20,060	decisions, decisions... __________________ Video Chat Forum

06-26-2012, 06:08 AM	#43
HomerSimpson Too lazy to set a custom title Industry Role: Join Date: Sep 2005 Location: Springfield Posts: 13,826	what an idiot... __________________ Make a bank with Chaturbate - the best selling webcam program Ads that can't be block with AdBlockers !!! /// Best paying popup program (Bitcoin payouts) !!! PHP, MySql, Smarty, CodeIgniter, Laravel, WordPress, NATS... fixing stuff, server migrations & optimizations... My ICQ: 27429884 \| Email:

06-26-2012, 06:25 AM	#44
Ross Ik ben een aap Industry Role: Join Date: Sep 2002 Location: Traffic Force Towers, Canada! Posts: 18,874	If he had any sense he'd have took it all out, put it in a high interest account, paid it back, walked off with the interest to start a somewhat decent life.. especially if he only really had $300 to his name.