A
man has been declared free by the Supreme Court after he spent a
whopping $2.1 million dollars buying expensive cars after the money was
wrongly paid to his account.
Luke Moore was declared innocent and a free man
An unemployed man who splurged $2.1million on luxury holidays, fast
cars, and a boat after a banking error left him with a limitless
overdraft has won his fraud appeal, Dailymail reports.
Luke Brett Moore, 25, from Goldburn, New South Wales, was jailed
for two years in 2015 after being found guilty of fraud but released on
bail four months later after being granted and appeal.
The Supreme Court on Thursday found him not guilty of any fraud and
declared him a free man.The judge ruled that, while he had taken the
money, he hadn't deceived his bank while doing so - necessary for fraud
conviction.
To make matters sweet for him, he retains all he bought with the money.
Speaking to A Current Affair after his hearing, he said: 'Of course I'm happy with the judgement, but at this stage I would rather not make a comment.
'I'm just looking forward to finishing my degree, getting
myself a job, a hot missus, and a house of my own and going from there.'
Asked if he would be driving his $169,000 Maserati home from the
court, one of the items he purchased on his spending spree, he said: 'Not today, sweetheart.'
Moore bought $32,000 Hyundai with the money
The case came to light in 2010, when he was just 22; Moore had
opened an overdraft account with St George while he was unemployed and
claiming Centrelink benefits.
He began withdrawing money and by the end of the year he was $9,000
in debt, but found no matter how much he withdrew, the bank never put a
block on the account.
Moore then began moving large sums of cash into secondary bank
accounts before opening the taps and going on a spending spree where he
bought a Hyundai Veloceter for $32,000, an Aston Martin DB7 Vantage
coupe for $91,000 and finally the Maserati at $169,000.
A Stessl boat was also among his purchases, costing $54,000.
He also splashed out on holidays to the Gold Coast and Thailand, spending big in pubs and clubs along the way.
Moore collected sport and music memorabilia, including a signed
Michael Jordan jersey, and signed albums from Michael Jackson, Bob Dylan
and Led Zeppelin.
He also bought a $169,000 Maserati car
Artworks also formed part of his collection, including a print by the much-lauded British graffiti artist Banksy.
By the time the bank realised what was going on, Moore owed them
more than $2.1million, and the police were called in. He was arrested
and his haul discovered, along with another $1.1million stashed away in
accounts with other banks.
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