unilad homepage
  • News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
Couple splash on casinos and luxury hotels after bank mistakenly deposits $10 million into their account

Home> News

Updated 20:18 19 Sep 2022 GMT+1Published 20:14 19 Sep 2022 GMT+1

Couple splash on casinos and luxury hotels after bank mistakenly deposits $10 million into their account

The pair well and truly lived the high life, even if it wasn't for a long period of time

Anish Vij

Anish Vij

google discoverFollow us on Google Discover

Hui 'Leo' Gao and his partner Kara Hurring went on an absolute mad one when the bank accidentally put a whopping NZ$10 million (£5.2 million) in their bank account.

Posh hotels, flashy clothes, luxury casinos, the couple certainly didn't hold back.

It all came about in 2009 when Gao applied for a £52,000 overdraft to help out with his petrol station business in Rotorua, New Zealand.

The good news was that the Westpac bank approved the loan.

Advert

But the great news was that the clerk mistakenly added a few more zeros to the amount.

Hui 'Leo' Gao and Kara Hurring went on a spending spree after accidentally receiving £5.2 million from the bank.
1 News

Geo was made a millionaire overnight after he was sent 100 times his approved limit, according to court documents.

At the time, the couple were supposedly dubbed the 'accidental millionaires'.

Former flatmate Bianca Taute said: “Gao was ecstatic, he jumped on the bed yelling ‘we’re f*****g rich’ and yahooing and woohooing."

"As soon as he realised the error made by Westpac allowed him access to the funds, the accused set about planning how he could transfer funds now available to him offshore," court documents state.

The pair immediately fled to China to try and avoid getting caught.

On April 24, 2009, Gao was said to have transferred $500,000 out of his $10m Westpac overdraft and in several instalments, he transferred $6,782,000 into his account.

However, the couple later separated as Gao stayed in China while Hurring returned to New Zealand.

Gao split the money over various bank accounts.
Pexels

After authorities eventually caught on, Gao was arrested in Hong Kong and Hurring decided to turn herself in. Gao eventually returned to New Zealand and pleaded guilty to theft.

After telling the court he had acted 'like a d**k', he served 16 months in prison and was set free in 2013.

In a separate verdict, Hurring was sentenced to nine months home detention and was made to pay back around £6,000. She continued to maintain her innocence, claiming that Gao had told her he had 'won the lottery' and said she knew nothing of the accidental transfer.

She was found guilty of 25 counts of theft and three counts of attempting to dishonestly use documents and two counts of money laundering.

"I think everyone in the banking industry has learned a few lessons from this," prosecutor Fletcher Pilditch said.

In 2019, the couple's story was actually made into the 2019 film, titled Runaway Millionaires, and was based on Hurring's account of what happened.

If you have a story you want to tell, send it to UNILAD via [email protected]

Featured Image Credit: @ibtimestv/YouTube/@ABC News (Australia) /YouTube

Topics: Money, World News, Crime

Anish Vij
Anish Vij

Anish is a Journalist at LADbible Group and is a GG2 Young Journalist of the Year 2024 finalist. He has a Master's degree in Multimedia Journalism and a Bachelor's degree in International Business Management. Apart from that, his life revolves around the ‘Four F’s’ - family, friends, football and food. Email: [email protected]

X

@Anish_Vij

Advert

Advert

Advert

Choose your content:

14 hours ago
15 hours ago
  • Bureau of Prisons/Getty Images
    14 hours ago

    Disturbing reason behind John Wayne Gacy's choice on his final death row meal

    John Wayne Gacy was executed via lethal injection in 1994

    News
  • Getty Stock Image
    14 hours ago

    Expert reveals exactly what happens to your body when you hold in your poo

    Nothing wrong with wanting to know how to have healthier poos

    News
  • U-Boat Worx
    15 hours ago

    Scientists design world’s fastest ‘underwater supercar’ with unbelievable price tag

    The cost of exploring the ocean's depths in a private submarine have changed massively in recent years

    Technology
  • Harland Highway Podcast
    15 hours ago

    Will Ferrell reveals why he doesn't 'buy anything' for his kids and makes them fly economy on a 'different airline'

    Ferrell's comments saw him face a backlash on social media

    Celebrity
  • Couple who became billionaires overnight found disappointing truth behind $50,000,000,000 in their account
  • Woman on the run after allegedly posing as heiress and scamming bank out of $30,000,000
  • MrBeast reveals how much money he has in his bank account and the answer will shock you
  • Investigators into death of Jessi Pierce and her 3 kids share update on fire