• 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
Man who discovered ATM ‘loophole’ that gave him millions in cash for four months reveals why he handed himself in

Home> News> World News

Published 15:36 30 Mar 2025 GMT+1

Man who discovered ATM ‘loophole’ that gave him millions in cash for four months reveals why he handed himself in

Dan Saunders said he was faced with a series of questions about his character after realizing the glitch

Gerrard Kaonga

Gerrard Kaonga

google discoverFollow us on Google Discover

Many of us think of ourselves as good people but not all of us have this idea tested, especially when millions of dollars are involved.

Well, Australian man Dan Saunders found out, by happy coincidence, that he could cheat the system and pocket a whole lot of cash.

Way back in 2011, he realized an ATM was behaving oddly and he could ultimately take advantage of it to take out as much money as he wanted.

On a night out, Saunders checked his bank balance and noticed a machine wouldn't show his balance, he ended up transferring money and getting $200 out of his savings account.

Advert

Speaking to Vice, he said he 'started playing around' with his card and got more money out.

Dan fully exploited the glitch to essentially use money with no limits(Steve Rose PhD/YouTube)
Dan fully exploited the glitch to essentially use money with no limits(Steve Rose PhD/YouTube)

While many would take advantage of this glitch until the cops came banging down at your door, Saunders realized the situation wasn’t all it was cracked up to be.

It eventually started to take a toll on his mental health, and he eventually turned himself into the authorities and faced quite a serious punishment.

Speaking to Steve Rose PhD, he explained what drove him to do it in the end, saying he was experiencing wonderful things thanks to the money but 'knew [he] was losing the inner purpose'.

He said: "I knew that I was losing the inner purpose of my actual morale. And not to say I was a saint by any means but I just mean that I've had my fun and I always [...] thought that they would end it not me.

"I didn't think I'd have to actually end it but I didn't end it because I felt bad for anyone else.

"I haven't met the victim I haven't met the software guy whose fault this was and think it would have been on one person in particular."

Dan said exploiting the glitch negatively impacted his mental health in the grand scheme of things(Steve Christo/Corbis via Getty Images)
Dan said exploiting the glitch negatively impacted his mental health in the grand scheme of things(Steve Christo/Corbis via Getty Images)

He had previously spoken about the reflection he had to do ahead of turning himself in. Ultimately asking himself ‘Who are you? You pushed the envelope for a bit but ultimately who are you? What do you stand for?’

He also noted that the whole situation increased his anxiety which led him taking drugs to ‘calm down’

He added: "I remember thinking that if you've got to be on drugs to alter your mind that's not good, that's not a play, that's not a lane I want to go down.

"[...] It would've been very easy to just turn to valium or alcohol addiction."

After turning himself in, he was eventually convicted of fraud and theft charges and was sentenced to 12 months in prison after pleading guilty.

Featured Image Credit: YouTube/Steve Rose PhD

Topics: Australia, Mental Health, Money

Gerrard Kaonga
Gerrard Kaonga

Gerrard is a Journalist at UNILAD and has dived headfirst into covering everything from breaking global stories to trending entertainment news. He has a bachelors in English Literature from Brunel University and has written across a number of different national and international publications. Most notably the Financial Times, Daily Express, Evening Standard and Newsweek.

Advert

Advert

Advert

Choose your content:

an hour ago
2 hours ago
3 hours ago
  • Chip Somodevilla/Getty
    an hour ago

    'Targeted' attack on Trump-Kennedy Center sees ice rink doused in ‘toxic chemicals’

    The Trump-Kennedy Center was forced to cancel a performance after chemicals were spread across one of the institution's venues

    News
  • Kerstin Gurtner/Facebook
    2 hours ago

    Ex-girlfriend of man who left partner to freeze to death on mountain describes moment he left her on peak too

    Kerstin Gurtner was not the first woman abandoned on a mountain by the experienced climber convicted this week over his girlfriend's death

    News
  • SAUL LOEB/AFP via Getty Images
    3 hours ago

    Trump given serious ultimatum over Epstein files from Fox News host

    Tensions rise over Epstein file transparency

    News
  • Getty Stock Image
    3 hours ago

    Soldier explains ‘steak and lobster’ theory as US troops’ latest meal sparks WW3 fears

    There is a theory certain foods being served to soldiers has a particular significance

    News
  • Man went on a four-month bender discovering ATM glitch that gave him millions in cash
  • NASA astronaut 'stranded' in space for nine months reveals what kept him going while waiting to be rescued
  • Donald Trump promises Christmas cash gift to millions of Americans in rambling speech that vows to ‘fix Biden’s mess’
  • Why Colin Farrell wants to put son with rare condition in a facility despite being in a position to care for him independently