Bank Of America Mistake Allows A Man From…Detroit…To Take $1.5 Million From ATMs Over 2 Weeks!
Man Pleads Guilty To Stealing $1.5 Million From Bank Of America ATM
A Bank of America mistake allowed a Detroit man to steal more than a million dollars by making a series of big withdrawals from ATMs.
And now it’s all gone.
(Posted on June 20th, 2012 - By Bossip Staff)...Ronald Page, 55, pleaded guilty to bellying up to the bank over and over again for 15 days in 2009, until he’d pulled out $1,543,104.
But apparently unsatisfied, he pressed his luck in the casinos, eventually gambling away the entire amount, ABC News reported.
Now, the U.S. Attorney’s Office in Detroit is recommending Page receive 15 months in prison for stealing the funds from Bank of America and pay back every penny when he’s sentenced June 27 in federal court, according to ABC News.
“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,” the U.S. Attorney’s sentencing memorandum, filed June 11, said. Page pleaded guilty March 7.
“The fact that defendant acted on an impulse does not minimize the seriousness of his conduct and the need for a custodial sentence,” the memorandum continued.
His lucky streak began on Aug. 1, 2009, when prosecutors say the bank’s mistake allowed him to withdraw $312,000 from ATMs at Greektown Casino and $51,727 from MGM Grand Casino, both in Detroit.