He didn't feel guilty, it's just what his lawyer advised they go with when he felt he might be getting in to too much trouble at $1.6M. Worked too, only 1 year which I would gladly do for that.
Well, the thing is that when you get sent to prison, that means you are found guilty, and when you are found guilty, you can't keep the money, so aside from the prison, he'd have to pay it all back
College? The video suggests it was in Australia, as the ATM was for National Australia Bank. The only colleges in Australia are for Trade Skills, English Language & OHS. All other Higher Education is done at Universities. Ps: The recession of the 90s was caused by The Australia New Zealand Bank branch Thailand. Australian Corporations generally remit far more profit to shareholders per head of population than those in the USA of similar businesses, eg; banks, supermarkets, hardwear stores.
@@alancharlton3867 Hello, do you have any further information about what you said regarding Aussie corporations generating a larger profit for shareholders per head of population compared to the USA? I was under the impression that Aussie corporations grow at a slower rate than the USA
Right on with that statement, but damn he saves the bank from further potential loss comes clean and still sentenced a year. Pedos get less time than him.SMH
Soooo he spent all that money & then he felt GUILTY!!!! He stopped transferring money & told the bank😮🤑🤔🙄..The glitch is the banks problem..My account sees even 200$ & I don't even care where it came from..I'm running to the atm before it goes.. Guilty??? HELL NO finders keepers...😅😅😅😅
Makes perfect sense. All that money must've got him a good lawyer! 😂 Probably got him a plea deal, admission of guilt to be reduced to 1 year sentence or something like that cause frauding £1.6m is crazy time
This was in australia and for over a year you could do it with 3 major banks. Queues of people at the atm at 2-3 am. They quickly started hitting ya with a $10 charge, but many didnt give a rats and opened more accounts. Deals on wheels usually nearby.
How old are you? You are screwing with other people's money when you steal or scam a bank. Similar to stealing from big company stores. You hurt your community when you take things that don't belong to you.
I mean, They are a business. They aren’t obligated to loan you money. If it was them losing your money, you would have an argument, but nobody is Obligated to loan it to subprime lenders. They give loans to people who are qualified. Not to everyone. You aren’t entitled to a loan offer.
I remember this documentary. The bank didn't want to press charges because it would expose their incompetence. Edit: CZcams Video: *The ATM Glitch That Made a Millionaire* Channel: *Joeseppi* Sept 2023 Better than Netflix! 😎
@pervinmervin The privately owned bank called the Federal Reserve actually does print the US dollars. The US government then takes a loan, with interest because it's a privately owned business. And that is what actually makes inflation. Printing money that is not backed up with gold is the only way to create inflation.
It was a matter of time before the bank caught on. Not to mention the irs. He didn’t feel guilty. He felt scared of inevitably getting caught, so he turned himself in to negotiate a lighter sentence.
He dint feel guilty he turned himself in eventually he was gonna get caught, looks better if you turn yourself in before they figure it out n risk getting more time
@@StackCityEntOficial Call center scammers have to lie to you to get your money. No lying was done in this case, just a simple transfer of funds everyday.
@@StackCityEntOficialbut in the scenario the banks are the scammers. And the scammers are giving the victim money.... Because banks like to steal shit all the time
THIS! He most likely dug a hole for the money, transferred it to gold, gave it to some trusted person, bought stocks or whatever, then turned himself in. A year sentence and actually half of that with option of parole and he can continue being a millionarie.
Not true. The Bank did not even report him to the police when he stopped going to the ATM, and had - 1.6 million in his bank. The Bank did not want their customers knowing about their failure, so they they let it slide. Dan was free for years after. Than he started to tell his story to news papers and TV shows. Before the police got involved.
Yeah, there’s no way out. If he ever stops the process, he gets caught. It’s also possible he just gets caught eventually regardless. So admitting to it and getting a lesser sentence is the only way out.
Not really. If this is true he slipped thru the cracks. If a bank makes a mistake like gives u money on accident it's not free money. If they find out andcprobably they will, they will come after u and the laws are on their side. U can be hit with fraud charges. It happens all the time.
@@mi5iu491 Nope, wrong again. When the bank found out about what happened, they silently forgave the debt because they didn't want a media spectacle about the incident.
Moral of the story: gamble all the money every night, until one night you win and double it. Put the original money back and end the cycle, keeping the earnings from the casino and getting away Scott free
If you accidentally find a something or glitch in banking system, don't try to inform bank. Forget it and move on. Bank will always put the blame on you regardless you have expoit it or not.
This was a true story in Melbourne, Australia 🇦🇺, only it wasn’t 2am, it was each night between midnight 🕛 & 1am after he’d finished ☑️ working at his bar 😮. 😇
it wasn't as simple as that. The bank actually called him at one point threatening him. Only problem was the bank would damage themself by reporting him to the police, they opted not to do it, eventually he got a nervous breakdown waiting for the police to show up and he turned himself in. He is featured on 60 minute australia
Being a Greek i would feel 0% guilt if i found this glitch. Banks and private companies own Greece at this point. They feel no guilt when they take your home.
47 bankers were sentenced to jail time for their role in the financial crisis, Financial Times research has found, dispelling the myth that no one was held personally accountable for the financial sector’s catastrophic failures.
what about the incompetence of the bank? they should thank him .because he didnt tell many peoples, how was the bank balancing the daily transactions in their books or systems daily
The full story talks about how he tried to turn himself in to the bank, and they didn’t do anything. He was being driven mad with the guilt, and thought he would be arrested at any time, but the bank never wanted to do anything. The narrator of the story stated it could be possible that the bank didn’t want the bad publicity around this issue, because this was the biggest bank in Australia if I remember correctly. End up, the guy goes to the media about the glitch, at which time the bank was forced to respond and get him arrested.
@@thomasmorrissey8348 I do, because some people are raised right. I however, have no doubt you would not feel any guilt at all, and would happily sell your bridge to Mother Theresa, because some people are raised wrong.
@@richardwickens2923it's pretty obvious he was trying to reduce his punishment as much as possible when he couldn't withdraw enough to cover his debt. I would have been more inclined to believe he felt guilty if he did it a few times before informing the bank.
He didn't feel guilty, he was paranoid. That's why people turn themselves in after "getting away", because it will eventually catch up to them, whether it be a month later, or 10 years later.
@@genmckane3232 thats what interest is for. Whille a cirtain interest percent is fair for the labour of the bank staff, anything above that is for keeping typically poorer people endebted for as long as possible, i.e. turning them into servants. Since unterest can acumulate basically for as long as you life, you could have gotten a loan of a 100 dollars which over time turned to more than 10.000 dollars. If thats not a scam to make someone a servant, ney, a slave, idk what is. Ofc, a legal slave for modern times, and most of us have or have had some credit at some point in the current day. Anyway, have a nice day
after he told the bank what he did, they decided to let it go because they didn’t want to draw attention to such an oversight on their part. Basically they said thanks for the heads up, take that 1.6mil as payment for finding this bug in the system. But his conscience wouldn’t let it go, so he decided to tell the world what he did. He did news interviews and drew attention to what happened. With everything out in the open, the bank gave him the justice he was craving for and he was sent to jail.
He dumb. I get him telling the bank; his conscience got him and there is nothing wrong with righting your wrong. But after he confessed to the bank, why the hell should the world know? Dummy. Now he goes to jail, has a record, and broke. Smh.
The main problem here is, 99% of people commenting (or in general) do not realize that THIS is EXACTLY how our monetary system works - he was playing by THE SAME rules as government does
@@Ear-ms6ed yea, but taking a bigger loan every next time to repay the previous one and spend the difference, ending up taking a larger and larger loan every day - exactly how government debt works ;) on a much larger, lets say "infinite" scale
@@zajeBANcija2bingo! Wish more would learn this. Our public education system will not teach this by design. If the masses knew the gig would be up. We all Should be advocating for the gold standard at minimum.
I like how the actual story when a man tells the bank about it, the bank didn’t shit at first until he revealed it on a show then the bank take action. The reason why the bank didn’t do shit at first is because well they dont want it to become a big news since he takes lots of money for years. Their trust will decrease obviously.
@@originaldcjensenyeah but there's no chance. Biden's been doing crap his entire life and even though theyve looked into it a little bit. Its just the appearance of doing something just to appease a few people.
@originaldcjensen your a fool if your talking about trump, he may be an outspoken fire head but he's the only one that will put this country back on track. Biden gets it again we are screwed
He said his family noticed him changing in a really bad way and felt guilty for his family, so not necessarily because of the banks but personal relationships.
Trying to understand what he was feeling guilty for and what was he charged with because he was only using the banks system and how it functioned! Sounds more like stupidity then anything!
@@DM-nt1dl taking someones money because they accidentally done something wrong shouldnt be legal lol its like someone forgetting to lock their door so you burgle them....
That’s a pretty stupid motto to live by. There’s consequences for everything you do, whether it’s your fault or not. If the man in the video didn’t abuse the glitch he found he wouldn’t have had to spend a year in jail
There’s a podcast called “the glitch” on Spotify… 8 part series where Dan explains from start to finish…. What a story, so well told and super engaging, highly recommend
I disagree I think it's a stupid story with a dumb idiot moron who found a glitch and for some ungodly reason told the bank You could take the money you don't have to tell the bank if you feel guilty you can stop there's nobody that would make him go to a jail for a year after he's the one who helped them save money That's why you don't tell the banks because you're crooked they're cheaters and they steal from us And when you catch them stealing do they give it back to you No no they don't they don't give you back skill squaddle
yeah, thats the thing. for this strategy to work, you would need to be able to take out unlimited amounts of money. thats probably the only "glitch" here, that the atm for some reason allowed him to do so. because he actually had to pay back any amount the next day. so to actually get money to spend out of it, he would have to take out more and more every day. he was basically just accumulating insane debt by doing so.
Well, he’s a very honest man! I in fact, would’ve done the exact same, however, these one thing I would have changed is how I approached the bank to let them know about the glitch. First, I would’ve contacted a lawyer and I would’ve had the lawyer strike a deal with the bank alert the bank a potential glitch in their system and I would have asked for no jail time and second I would’ve asked that the bank pay for the knowledge of the glitch in the amount that was taken . Telling the bank that you want 100% immunity in return to have the knowledge of this glitch.
@@kevo1978 everyone gets caught eventually and not confessing just gets you a longer jail time, guy in video makes 1.6 mil has some fun goes to jail 1 year loses proably a few hundred thousand he hadn't spent yet, commenter scenario makes the same but most likely spends extra on that lawyer and no jail time, you however are proposing you keep at it and best case scenario you make 3-5 million then go to jail for 5-10 years? no amount of money is worth potentially a decade in jail.
The bank would have NEVER known. After telling the bank, he was arrested and then sentenced to a small prison sentence. He never had to repay the money.
@@cliffbutler9820 I agree,, I unfortunately 🙄🤬😔 was in and out of county jails and ARIZONA state prisons from 18-24 (I say 24 but technically I got out of “ADOC” AZ STATE PRISON 11-17-15 and my Bday is 12-18 so got off the yard, a month “31 days” before my birthday) but have not been bsck to prison or plan on it! The free world with my wife and 4 kids is FAR better max units,,,
The IRS has nothing to do with the situation, as the guy was not making any income. All he was doing was getting a continuous one-day interest free loan where he paid each one back 24 hours later to the bank.
@@musicoldies83 That means it 100% has to do with the IRS.... The IRS see you own a Ferrari but you only make 40k a year, Yes they will come a knockin, guaranteed.
Bro u stupid? The guy took 1.6M , what morals and values? He probably knew he would get caught, kept some money on the side, got a good lawyer and after 1 year he is out
The majority of money the bank has, is from other depositors. If this went out of control, he would have spent millions more, that the bank got from others. Meaning the original depositors are at risk of losing their money. So he didnt only screw the bank, but potentially innocent bystanders as well.
Banks will never feel guilty when they lose your money.
True
or take your home
My father lost 10k $ and he never knew where the money went
how could bank have any feelings or emotions?? it's an institution not living organism :D
How would they lose your money? You can just sue for that.
The first mistake was feeling guilty for the banks.
But he saved himself a lengthy sentence not pissing the bank off even more
Yep
@@ascheuring1they were never pissed.
He didn’t feel guilty for the banks
They run the world anyway
He didn't feel guilty, it's just what his lawyer advised they go with when he felt he might be getting in to too much trouble at $1.6M. Worked too, only 1 year which I would gladly do for that.
Well, the thing is that when you get sent to prison, that means you are found guilty, and when you are found guilty, you can't keep the money, so aside from the prison, he'd have to pay it all back
Actually in exchange for his plea in the interest of justice the courts will often waive restitution.. especially in white collar crimes
you would go to jail for 1.6 to spend the rest of your life paying it back ? smart
@@VP-vx5ll He only had to pay back 200k, so yeah I would do 1 year of jail for 1.4M worth of fun, fuck off.
@@VP-vx5ll He only had to pay back 200K. So yes, I would dumbass.
He also used that money to put several of his friends through college. They got educations and are now in positions to help him.
Guess which eggs probably never hatched
He also used that money for hookers and drugs
College?
The video suggests it was in Australia, as the ATM was for National Australia Bank.
The only colleges in Australia are for Trade Skills, English Language & OHS. All other Higher Education is done at Universities.
Ps: The recession of the 90s was caused by The Australia New Zealand Bank branch Thailand.
Australian Corporations generally remit far more profit to shareholders per head of population than those in the USA of similar businesses, eg; banks, supermarkets, hardwear stores.
@@alancharlton3867 Hello, do you have any further information about what you said regarding Aussie corporations generating a larger profit for shareholders per head of population compared to the USA? I was under the impression that Aussie corporations grow at a slower rate than the USA
@@alancharlton3867 some countries, like the US, use the terms college and university interchangeably.
He didn’t feel guilty he got paranoid
haha i was looking for just the comment.
Exactly 👍🏾
Right on with that statement, but damn he saves the bank from further potential loss comes clean and still sentenced a year. Pedos get less time than him.SMH
Because if he didn't keep this up daily the house of cards collapses, and it's a matter of time before they figure it out.
Exactly. Some people are not built for that life, I’m not.
Feeling guilty for a bank is like feeling guilty for a serial killer. Makes absolutely no sense
he did not feel guilty for the bank, he felt guilty for his own moral actions.
Soooo he spent all that money & then he felt GUILTY!!!! He stopped transferring money & told the bank😮🤑🤔🙄..The glitch is the banks problem..My account sees even 200$
& I don't even care where it came from..I'm running to the atm before it goes.. Guilty??? HELL NO finders keepers...😅😅😅😅
Makes perfect sense. All that money must've got him a good lawyer! 😂 Probably got him a plea deal, admission of guilt to be reduced to 1 year sentence or something like that cause frauding £1.6m is crazy time
I dunno, some of those serial killers had pretty traumatic childhoods.
@@AJR-vn2umlets jump this guy yall
“Gets cash out @ 2am” lmaoooo I feel ya bud
This was in australia and for over a year you could do it with 3 major banks. Queues of people at the atm at 2-3 am. They quickly started hitting ya with a $10 charge, but many didnt give a rats and opened more accounts. Deals on wheels usually nearby.
If anyone reading this ever discovers another "money glitch" please share with the rest of us peasants before you get paranoid. 😂
Scamming a bank is always morally right.
All he had to do was put the money in bitcoin and in a couple of years he could have _bought_ the prison and everyone running it.
That's why I did it 😂😂 🤣 🤣😂
@@user-tq7vd6bo1h What did u do?
Why?
How old are you? You are screwing with other people's money when you steal or scam a bank. Similar to stealing from big company stores. You hurt your community when you take things that don't belong to you.
He didn’t feel guilty he got tired of going to the ATM at 2 in the morning 🤣
Could never😂
This comment is gold and “slept on” 😂😂
😂😂on spot
Fr right 😂😂😂. That would be a bit tedious.
@@ryancarter5466 and a bit sketchy, straight askin to get robbed 😂☠️
Banks Will NEVER Feel Guilty‼️ Keep Them Glitches Secrets‼️
Only from the banks
But… but… but… that is exactly what banks do! Exactly.
Banks will never feel guilty after rejecting your loan offer
Why should they loan your broke ass anything?
*loan application, not offer. But yeah either way they denied you for a reason and hell no they don’t feel bad.
I mean, They are a business. They aren’t obligated to loan you money. If it was them losing your money, you would have an argument, but nobody is Obligated to loan it to subprime lenders.
They give loans to people who are qualified. Not to everyone. You aren’t entitled to a loan offer.
rejecting you when you shouldn`t have a particular loan is to your benefit. unless you plan on bankruptzy or fleeing the country
You mean denying giving free money to a stranger when you haven't proven to be trustworthy?
I remember this documentary. The bank didn't want to press charges because it would expose their incompetence.
Edit: CZcams Video: *The ATM Glitch That Made a Millionaire* Channel: *Joeseppi* Sept 2023 Better than Netflix! 😎
It definitely wouldn't expose them printing money out of thin air👀
@@JohnAdams-mu7xd banks don’t print money you goof
Well they did he done a year
@pervinmervin
The privately owned bank called the Federal Reserve actually does print the US dollars. The US government then takes a loan, with interest because it's a privately owned business. And that is what actually makes inflation. Printing money that is not backed up with gold is the only way to create inflation.
@@pervinmervin
Prints ❌
Creates ✅
It was a matter of time before the bank caught on. Not to mention the irs. He didn’t feel guilty. He felt scared of inevitably getting caught, so he turned himself in to negotiate a lighter sentence.
Banks are pure evil. We finally had someone throwing punches back but threw in the towel smh. I would have never felt guilty
Didn't felt guilty, just paid a good lawyer with that money 😂
He juat got tired of going to ATM every day at 2 am
@@Guitarmann-el6iz😂
This is not enough money to pay a lawyer as good as the one the bank has.
1k likes, I still get no hoes !! Crazy 😂
Glitch in the matrix.
Feeling guilty for banks is the most stupid thing i have ever heard
He dint feel guilty he turned himself in eventually he was gonna get caught, looks better if you turn yourself in before they figure it out n risk getting more time
Man will you say that shit again people are trained up by the government man like its crazy.
hahahahaha
Theft is Theft
@@elgubero and I got away with it so what your point is I have no conscience for whatever whatever that guy did
Sent to prison for pointing out a bug in the banking system. Disgusting.
For abusing a bug and stealing $1.600.000.
@@StackCityEntOficial whos fault is that? The computer gave him the money. He didnt steal it. The bank consented to it.
@@ScreamingEagleFTW That's like saying call center scammers are legal, as the person sending the money consented to it..
@@StackCityEntOficial Call center scammers have to lie to you to get your money. No lying was done in this case, just a simple transfer of funds everyday.
@@StackCityEntOficialbut in the scenario the banks are the scammers. And the scammers are giving the victim money.... Because banks like to steal shit all the time
Inmates: What are you in for?
Him: I scammed a bank
It wasn’t the feeling of guilt; it was knowing that turning himself in would look better than being caught.
THIS! He most likely dug a hole for the money, transferred it to gold, gave it to some trusted person, bought stocks or whatever, then turned himself in. A year sentence and actually half of that with option of parole and he can continue being a millionarie.
Exactly!
Yes if they find out he will receive like 10 year's of prison but now only one year
Not true. The Bank did not even report him to the police when he stopped going to the ATM, and had - 1.6 million in his bank.
The Bank did not want their customers knowing about their failure, so they they let it slide.
Dan was free for years after. Than he started to tell his story to news papers and TV shows. Before the police got involved.
@@JamesWillis-yy5pxNot true.
It literally takes afew seconds to look up the truth so why would you do this to yourself
He didn’t feel guilty, he was worried he’d get caught.
Or he realized that it would all still eventually be money that he owed since it corrected the issue a day or so later.
he's worried he'll get caught so... he puts himself in prison?
@@andrewdeen1 1 year vs 30 in prison
Dumbass 😂
Yeah, there’s no way out. If he ever stops the process, he gets caught. It’s also possible he just gets caught eventually regardless. So admitting to it and getting a lesser sentence is the only way out.
Meanwhile Wells Fargo is creating duplicate accounts of customers without feeling any remorse.
And people still use them?🤕🤷🏽♂️. Imo if we boycotted these companies they would stop.
That's why I closed my account got hacked fees for anything & the list goes on....
Your mistake - Feeling sorry for a fucking bank
If you owe the bank $100, it's your fault. If you owe the bank 1 million dollars, it's the bank's fault.
more like problem than fault
I think you have it the other way around buddy
Not really. If this is true he slipped thru the cracks. If a bank makes a mistake like gives u money on accident it's not free money. If they find out andcprobably they will, they will come after u and the laws are on their side. U can be hit with fraud charges. It happens all the time.
Well put
@@mi5iu491 Nope, wrong again. When the bank found out about what happened, they silently forgave the debt because they didn't want a media spectacle about the incident.
The moral of the story: Never feel guilty
😂😂😂
😅😅😅😅
Moral of the story: gamble all the money every night, until one night you win and double it. Put the original money back and end the cycle, keeping the earnings from the casino and getting away Scott free
He was building a paper trail and stopped before amassing more leverage for the bank to really put him on the hole
Exactly😂
If you accidentally find a something or glitch in banking system, don't try to inform bank. Forget it and move on. Bank will always put the blame on you regardless you have expoit it or not.
Camera footage is amazing 😂
He knew they would come knocking sooner or later .... He still owed the bank
100% nothing to do with feeling guilty.
@@AlphaDoG-43yeah he just got tired of looking over his shoulder. He knew he’d eventually get caught.
@@AlphaDoG-43Isnt the same mindset of Us politicians, exploiting loophole to benefit their own company?
@@profitmuhammed has nothing to do with this comment section. Try again.
They didn't
As he set his alarm clock for 1:05 am with a big yawn and a stretch .. and says time to go to work sweetie be home at 1:30 am 😂😂😂
🤣
Never missed a day
😂😂😂😂😂😂😂😂😂
😂
😂😂😂
never feel guilty for fake money created out of thin air.
This was a true story in Melbourne, Australia 🇦🇺, only it wasn’t 2am, it was each night between midnight 🕛 & 1am after he’d finished ☑️ working at his bar 😮. 😇
Imagine feeling guilty for banks lmfao
it wasn't as simple as that. The bank actually called him at one point threatening him. Only problem was the bank would damage themself by reporting him to the police, they opted not to do it, eventually he got a nervous breakdown waiting for the police to show up and he turned himself in. He is featured on 60 minute australia
I mean he basically used someone else money
@@Bubajumbabro just wasnt build for crime
Imagine have a moral compass 🤡
He's a sucker 😂
Being a Greek i would feel 0% guilt if i found this glitch. Banks and private companies own Greece at this point. They feel no guilt when they take your home.
Or charge insane amounts of interest, making money out of thin air.
Για αυτό και η tbi θα πάρει τα αρχιδια μου
They own the world
@dylanspain6862 Yes they do
You being greek should be ashamed of yourselves allowing pedophilia in your country. I imagine more celebrities will be moving there like Tom Hanks.
BRO WAS THINKING IN THE PRISON THAT IF HE DOESN'T TOLD THIS GLICH TO THE BANK THEN AFTER SOMETIME HE BILLIONAIRE...
That year in pen ain’t Guna work for me brother ❤😂
I'm here for the Hogan reference.
The lesson here is, don't snitch on yourself.
or do he got 1 year in prison but how abotu the 1.6 mil bil his credit card charges the next day ? XD
apparently he was really paranoid and had a lot of stress and fear so he just came clean so he didn't have to deal with that.
I wonder if this glitch still works
@@leafyking2574 ?
Anyone getting money out at 2am is definitely gonna abuse this glitch. 😂😂😂
Automatically 😂
It happened with Commonwealth bank & lots of people caught onto it and at about 1am the lines were long at the atm, this was around 1999 😂😂😂
Coke dealers take cash bro 😂😂😂
Its fake, a story
And judge should understand
DBMS principle of Atomicity is violated 😂
Bro needed a criminal life coach lol
Ain't no fucking way he felt guilty
Not after doing it for 160 days
Paranoia
@@Rubbe87 staying put, he would have gone down within a year
Probably hid cash. Did his time and collected.
and no banker went to jail for causing the financial crisis. Just shows who has the power in the world.
47 bankers were sentenced to jail time for their role in the financial crisis, Financial Times research has found, dispelling the myth that no one was held personally accountable for the financial sector’s catastrophic failures.
In Australia?
what about the incompetence of the bank? they should thank him .because he didnt tell many peoples, how was the bank balancing the daily transactions in their books or systems daily
Who would you send to jail? I mean who would be liable? Since it's confusing to make an individual liable for the mistakes of a corporate
The lead dev, the QA and the IT managers are usually penalised
Taking out cash at 2am sounds like he goin to tha cluub
sounds like hes going to buy a sack ❄
@@maximusward-oz5wiyup
Bar. He has a habit of going to another bar after his shift. A little bit alcoholic and gambler.
Banks never feel guilty when they lose your hard earned money. I've learned this just a week ago. I can't have mercy when I notice a glitch like this.
The full story talks about how he tried to turn himself in to the bank, and they didn’t do anything. He was being driven mad with the guilt, and thought he would be arrested at any time, but the bank never wanted to do anything. The narrator of the story stated it could be possible that the bank didn’t want the bad publicity around this issue, because this was the biggest bank in Australia if I remember correctly. End up, the guy goes to the media about the glitch, at which time the bank was forced to respond and get him arrested.
😂 yes, this
If you really think or believe that this guy felt guilty at all , then I have a bridge to sell you for as little as $500 🤔👍😂🤣🤪
@@thomasmorrissey8348 I do, because some people are raised right. I however, have no doubt you would not feel any guilt at all, and would happily sell your bridge to Mother Theresa, because some people are raised wrong.
@@richardwickens2923it's pretty obvious he was trying to reduce his punishment as much as possible when he couldn't withdraw enough to cover his debt. I would have been more inclined to believe he felt guilty if he did it a few times before informing the bank.
He’s stashed that cash away no doubt.
I dont think he felt guilty, I think he was smart enough to realize they'd eventually catch on and he'd end up doing serious time over it.
Not if he leaves the country
@@hnn8759 tbh serving 1 year in prison is better than being banned for life from the US
Time for what crime
?
Fraud @@efexzium
Time for the bitcoin
He didn't feel guilty, he was paranoid. That's why people turn themselves in after "getting away", because it will eventually catch up to them, whether it be a month later, or 10 years later.
His attorney said “you feel guilty”
The bank dont feel guilty making us a life time servant
How the heck the bank makes you a servant?
@@genmckane3232 do you know why there are many banks but they dont mind each other and even like it???
Making? Its a choice to sign up to a bank and you can leave when you want to. So wTF are you lying about
How????
@@genmckane3232 thats what interest is for.
Whille a cirtain interest percent is fair for the labour of the bank staff, anything above that is for keeping typically poorer people endebted for as long as possible, i.e. turning them into servants.
Since unterest can acumulate basically for as long as you life, you could have gotten a loan of a 100 dollars which over time turned to more than 10.000 dollars. If thats not a scam to make someone a servant, ney, a slave, idk what is.
Ofc, a legal slave for modern times, and most of us have or have had some credit at some point in the current day.
Anyway, have a nice day
Imagine feeling guilty to the biggest thieves in history.
I see a lot of people coming at him for having a good conscience. Speaks numbers for him and the ones coming for him.
Damn!!! That was smooth tho 😂😂😂
after he told the bank what he did, they decided to let it go because they didn’t want to draw attention to such an oversight on their part. Basically they said thanks for the heads up, take that 1.6mil as payment for finding this bug in the system. But his conscience wouldn’t let it go, so he decided to tell the world what he did. He did news interviews and drew attention to what happened. With everything out in the open, the bank gave him the justice he was craving for and he was sent to jail.
He dumb. I get him telling the bank; his conscience got him and there is nothing wrong with righting your wrong. But after he confessed to the bank, why the hell should the world know? Dummy. Now he goes to jail, has a record, and broke. Smh.
Hmmm
What a meat head.
The bank insiders were doing it for themselves takes a fool to get wise.
What a dope
The main problem here is, 99% of people commenting (or in general) do not realize that THIS is EXACTLY how our monetary system works - he was playing by THE SAME rules as government does
Isn't he just taking loan from the bank?
@@Ear-ms6ed yea, but taking a bigger loan every next time to repay the previous one and spend the difference, ending up taking a larger and larger loan every day - exactly how government debt works ;) on a much larger, lets say "infinite" scale
exactly 💯
@@zajeBANcija2bingo! Wish more would learn this. Our public education system will not teach this by design. If the masses knew the gig would be up. We all
Should be advocating for the gold standard at minimum.
@@zajeBANcija2Exactly and the result is massive inflation, and 'inflation' is just another way of stealing from hardworking people.
I like how the actual story when a man tells the bank about it, the bank didn’t shit at first until he revealed it on a show then the bank take action. The reason why the bank didn’t do shit at first is because well they dont want it to become a big news since he takes lots of money for years. Their trust will decrease obviously.
That motha should've payed my debts first before turning into choir boy.
This dude was definitely not feeling guilty lmao. Put all the money in hiding and turned himself in for a lighter sentence 😭😭
Imagine feeling guilty for a cartel 😂
"I'll take.....
Shit that never happened for 500, Ken..."
He didn't feel guilty, they were onto him
One year in prison and you got this corporate and politicians that never goes to prison.
Crossing our fingers that a certain one does..
@@originaldcjensenyeah but there's no chance. Biden's been doing crap his entire life and even though theyve looked into it a little bit. Its just the appearance of doing something just to appease a few people.
1 year in exchange for 1.6 million is a pretty good deal. Sign me up
Yup, every politician in there is lining their pockets with tax money and claiming they broke while they pressing the print money button 😂😂😂😂
@originaldcjensen your a fool if your talking about trump, he may be an outspoken fire head but he's the only one that will put this country back on track. Biden gets it again we are screwed
Dude didn't feel guilty, he knew tide was coming for him quickly if he didn't spill the beans.
😂IRS and his bank was gonna tag team him eventually
Was Australia. He even hosted a party on the lower level of the bank and was buying all the bankers drinks. The podcast “atm boy” it’s awesome
He said his family noticed him changing in a really bad way and felt guilty for his family, so not necessarily because of the banks but personal relationships.
basicly he did nothing wrong, its not his fault their system sucks ass
@anthonycarter4 the bank let it go as to not make it public. He decided to go to the news about it. Only them did the back prosecute.
Don't feel guilty bro this is the lesson if you do it just do it 😊
Guy: "Steals money from bank, Got guilty."
Bank: "Loses guy's money, Not even guilty."
The irony of the atm being labeled “Smart ATM” makes it that much better lol
If he knew anything about banking, he never would have felt guilty.
maybe toward shis unborn child whom the bank is gonna bother in future ? :P
@leafyking2574 shut up lame ass
At least the man was honest...he didn't deserve to go to jail
He was honest enough to tell the glitch and still got sent to prison
He wasn't feeling guilty for the bank. He was feeling guilty for his soul. God bless him!
Trying to understand what he was feeling guilty for and what was he charged with because he was only using the banks system and how it functioned! Sounds more like stupidity then anything!
No he was stupid. The banks are heartless institutions that don’t feel bad when they lose your money so why feel bad for them?
You are completely right @@concious2
🤣 he knew god? God had blessed him with that $ if that was even a real story.
God isn't real that so it's why he told the bank then he's even dumber than I thought..
I would have never told . And bought an apartment next to the ATM.
They would find out eventually......I mean too much money without anything to back it up is suspicious!
😂😂😂😂
Prison would be in your future.
@@SesterSinmon1.6mln in bank terms is nothing. Even if he got himself 10mln nobody would look for him
How? He paid back what he owed and was always a day ahead borrowing. Its actually pretty geneous@SesterSinmon
You lived your life and only had to spend a year in jail for it. Absolute win
Stay in your stead and be not in the wrong yourself no matter what happens to you. Remember what you sow comes back on you, reap good or bad
"Not my glitch, not my fault." That's my motto.
Seriously I would have done the same thing if they kept giving me free money. How is that illegal. Seems there's something I'm not being told here
Not my chair, not my problem. That's what I say. No way
It quite literally is lmao
@@DM-nt1dl taking someones money because they accidentally done something wrong shouldnt be legal lol its like someone forgetting to lock their door so you burgle them....
That’s a pretty stupid motto to live by. There’s consequences for everything you do, whether it’s your fault or not. If the man in the video didn’t abuse the glitch he found he wouldn’t have had to spend a year in jail
There’s a podcast called “the glitch” on Spotify… 8 part series where Dan explains from start to finish…. What a story, so well told and super engaging, highly recommend
Thanks for this 🙏 as its explained here it sounds silly and tedious because he would carry the debt forever and in 24hr periods
I disagree I think it's a stupid story with a dumb idiot moron who found a glitch and for some ungodly reason told the bank You could take the money you don't have to tell the bank if you feel guilty you can stop there's nobody that would make him go to a jail for a year after he's the one who helped them save money That's why you don't tell the banks because you're crooked they're cheaters and they steal from us And when you catch them stealing do they give it back to you No no they don't they don't give you back skill squaddle
And my mama said nothing good happens when you’re out past midnight!!😂😂
The way he says "only one year in prison" 💀 bro
Step 1: have more than a $30,000 credit limit
yeah, thats the thing.
for this strategy to work, you would need to be able to take out unlimited amounts of money. thats probably the only "glitch" here, that the atm for some reason allowed him to do so.
because he actually had to pay back any amount the next day. so to actually get money to spend out of it, he would have to take out more and more every day.
he was basically just accumulating insane debt by doing so.
@@nasekillerthis is exactly what I was thinking. He’s just accumulating more debt…
@@nasekiller c r e d i t card, loans...
@@nasekillerHe had to go to the ATM everyday ... He was probably not guilty but bored and probably scared that he'd get caught one day
So if he acquired all that debt that had to be paid in 24 hours then he didn't commit crime and then there's no money glitch
Well, he’s a very honest man!
I in fact, would’ve done the exact same, however, these one thing I would have changed is how I approached the bank to let them know about the glitch.
First, I would’ve contacted a lawyer and I would’ve had the lawyer strike a deal with the bank alert the bank a potential glitch in their system and I would have asked for no jail time and second I would’ve asked that the bank pay for the knowledge of the glitch in the amount that was taken . Telling the bank that you want 100% immunity in return to have the knowledge of this glitch.
Nah fuck that I would've continued taking the money!!
@@kevo1978 everyone gets caught eventually and not confessing just gets you a longer jail time, guy in video makes 1.6 mil has some fun goes to jail 1 year loses proably a few hundred thousand he hadn't spent yet, commenter scenario makes the same but most likely spends extra on that lawyer and no jail time, you however are proposing you keep at it and best case scenario you make 3-5 million then go to jail for 5-10 years? no amount of money is worth potentially a decade in jail.
that wouldnt have worked, once he tells them that there's a problem, they'll investigate his transactions and its over.
@@kevo1978🤣 that’s mah man
@@Luke-Ryan "everyone gets caught eventually", well that's not 100% correct is it.
If you’re smart enough to figure this out, you deserve to keep the money
Feeling guilty, the bank had no mercy
Bro had a clear getaway...
He felt sorry for scamming the scammers
Every software engineer: ah.. that's not a bug, that's eventual consistency
Feeling guilty towards a bank is wild
Stashed some money then turned himself in, that was smart af.
The bank would have NEVER known.
After telling the bank, he was arrested and then sentenced to a small prison sentence.
He never had to repay the money.
I'll do the time for that amount 😂
Damn why did he say ut he could’ve lived a comfortable life somewhere in vietnam or Philippines
@@Bonn-bf1ttbecause if he got caught hed be fucked
They did knew, he didn't call the bank he called the police because he thought the bank had called the police after calling him saying they knew lol
@@cliffbutler9820 I agree,,
I unfortunately 🙄🤬😔 was in and out of county jails and ARIZONA state prisons from 18-24 (I say 24 but technically I got out of “ADOC” AZ STATE PRISON 11-17-15 and my Bday is 12-18 so got off the yard, a month “31 days” before my birthday) but have not been bsck to prison or plan on it! The free world with my wife and 4 kids is FAR better max units,,,
"He began to feel guilty" my a$$ 😂 He got scared because the IRS came a knockin.
He is a fellow Aussie and no we don’t have irs
The IRS has nothing to do with the situation, as the guy was not making any income. All he was doing was getting a continuous one-day interest free loan where he paid each one back 24 hours later to the bank.
@@musicoldies83 That means it 100% has to do with the IRS.... The IRS see you own a Ferrari but you only make 40k a year, Yes they will come a knockin, guaranteed.
And thats why if my bank ends up having a glitch like this, I'll just keep my mouth shut
The irony of feeling bad for a bank 💀
This man has morals and values. He realized he was wrong. Better to value your soul than this world.
He thought the police were gonna be after him… lol he doesn’t have morals or values.
Bro u stupid? The guy took 1.6M , what morals and values? He probably knew he would get caught, kept some money on the side, got a good lawyer and after 1 year he is out
@nanjones3973 and how did you get to this conclusion from a 60 second video?
If this guy really had morals and values he wouldn't have done all that in the first place. Stop justifying bad behaviour.
@@pmeehan_3 stop projecting your own insecurities on others and you'll maybe have a better life
Legend says he is still one day ahead
So moral of the story...self snitching never is a good thing. Take the cash, shut your trap, live your life.
Love how lit the 2am is
We get screwed by banks everyday 😅
i dont
@@suemitchel-runow3566 the monetary system is orchestrated slavery
The majority of money the bank has, is from other depositors. If this went out of control, he would have spent millions more, that the bank got from others. Meaning the original depositors are at risk of losing their money. So he didnt only screw the bank, but potentially innocent bystanders as well.
Because you are a sucker.
Then don't use banks goofy
He didn't feel guilty he was panicky! Developed a heart condition. Lol
Probably! lol
@@DC-Instrumentalz if you have not, then watch the documentary based on this incident called "ATM Boy"
Brought on by the guilt... It was on the documentary.
Bank got banked. Good moves!
People at 2am 😂 waiting to do transfers
Bro was set for life. Full time job
No, too greedy, someone would have caught on eventually............
felt guilty.. my guy, the bank didnt even notice that they were missing 1.6m
That’s coz it’s digital cash.
Be faithful in small things 🎉
Imagine telling an institution that hates you a flaw🤣