dicksi Posted October 3, 2014 Report Posted October 3, 2014 HIGH FLYER: Dan Saunders was earning AU$700 a week when he discovered and then exploited an ATM loophole. In the beginning, it didn't feel like stealing. It was more like the old Monopoly windfall, a bank error in the player's favour. Late one night in February 2011, 29-year old Dan Saunders was drinking with friends at the Bulls Head Hotel in Wangaratta, north-eastern Victoria. Out of cash, he went around the corner to a National Australia Bank (NAB)automatic teller machine. With just three dollars in his savings account, the next round of drinks would have to go on his MasterCard, courtesy of a cash transfer from his credit card account. He checked the balance on his MasterCard. "Balance unavailable at this time" the message came back. Okay, he thought, I'll still try to transfer AU$200 (NZ$220) from my credit card to my savings account. When he tried to do this, the words, "Transaction cancelled'' appeared on the ATM screen and the card was spat out. Puzzled, he reinserted his card and checked the balance on his linked savings account: AU$203 in credit. Sweet, he thought, and took out AU$200 cash and returned to the bar. On the way home, and pleasantly drunk, Saunders passed the same ATM. Let's see if that still works, he thought. Once again, the words, "Balance unavailable at this time'' flashed up on the screen, so he transferred another AU$200 from his MasterCard to his savings account: it went through as before. This is like a magic show, he thought. Let's see how much I can get. He transferred and withdrew AU$500, then another AU$500 and then AU$600. He had two NAB ATM cards: a MasterCard credit card and a Visa debit card, each with a AU$1000 daily limit. So he maxed both of them out - a total of AU$2000 - and went home to bed. articol intreg Quote
