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Thursday 15 December 2016

Australia - "The bank lent me $2m so I spent it on strippers and cars": BBC News

Published on 15 Dec 2016
What would you do if your bank started to provide you with unlimited credit? Would you spend it? That's what Luke Brett Moore from New South Wales in Australia did. After a car accident and a break up with his childhood sweetheart he discovered his bank weren't capping his overdraft. The spending started out small - but he ended up with over one million pounds worth of debt. Some of his purchases included a Maserati and original artwork by Banksy. But, Luke ended up spending six months in jail and, after representing himself in court, was acquitted.

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