A Malaysian student in Sydney, Australia has been accused of going on a $4.6m spending spree after a banking error gave her access to unlimited funds which she siphoned in small amounts to several accounts. The bad girl is said to have spent a total $1.3m since the error went unnoticed for nine months.
Christine Jiaxin Lee, 21, was arrested earlier this week trying to board a flight to Malaysia and has been charged with dishonestly obtaining financial advantage by deception and knowingly dealing with the proceeds of crime.
According to The Daily Telegraph, police allege Ms Lee transferred $5000 per day over a nine-month period in several bank accounts across Australia.
The payments were small enough to fly under the radar of banking officials.
The chemical engineering student was given access to the extraordinary amount of funds when Westpac accidentally linked an unlimited overdraw facility to the account she opened in 2012.
Ms Lee is alleged to have splashed out on luxury clothes and handbags but a large chunk of the other missing $3.3 million could have been moved overseas or already spent, The Daily Telegraph reports.
Ms Lee, who has been living in Australia on a student visa, was due to walk free from police custody yesterday after being granted $1000 bail but the Daily Mail reports she was taken into custody by immigration officials who have the legal power to cancel visas in situations like this.
The boyfriend of the Sydney suspect who allegedly got lucky from banking error said he was in shock over allegations.
Vincent King arrived at Waverley Local Court this afternoon to bail out the Chemical Engineering student Christine Jiaxin Lee, 21, who he said was “a good girl”. Both have been in a relationship for 18 months but he had no idea that the girl was that ‘lucky’.
Mr King said he had “no idea” she had access to the money, had never seen her buy expensive items and was in the dark about his girlfriend’s situation until she called him today asking for help.
Dark and twisted love at 21, don’t you think?