Thu May 23 18:13:20 SAST 2013
Thu May 23 18:13:20 SAST 2013

New Zealand's accidental millionaire jailed

Aug 24, 2012 | Sapa-AP | 1 comments

A gas station owner who fled to China with millions of dollars after his bank mistakenly gave him the money has been sentenced to four years and seven months in prison.

Picture taken from www.bbc.co.uk

 He had none of the money left. 

A 2009 bank error gave Hui "Leo" Gao a credit line of 10 million New Zealand dollars ($8.1 million). Gao transferred most of the money overseas before the bank realized its mistake. Dubbed the "Accidental Millionaire," the 32-year-old then fled to China with his partner, Kara Hurring.

The bank recovered about two-thirds of the money. Gao, who was extradited from Hong Kong last year, said at his sentencing he had none of the money left.

Gao and Hurring earlier pleaded guilty to theft charges. Hurring was sentenced to nine months home detention.

 

Comments

Thu May 23 18:13:20 SAST 2013 ::
avatar image
Aug 27, 2012

tpaz

He should have come to SA....lots of gold diggers here to help him chow the money.
Report Abuse

Read all 1 comments

Your Subscription

The SowetanLIVE Network