Looking for updates in the New Zealand bank error fugitives case? According to various news reports. the couple have split up to evade capture, the sister who posted the fateful Facebook message is back in New Zealand, and the couple face seven years in jail once they are caught.

Meanwhile, the bank has started legal action against the Macau casino where the couple had what was presumably a very, very nice time. [The Sun] [NZ Herald} [Sydney Morning Herald]

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  1. bloggerX says:

    What role does the casino play in this? Why are they possibly going to get sued?

    • mac-phisto says:

      @bloggerX: perhaps receiving stolen property?

      • shepd says:

        @mac-phisto:

        If they were paid in cash (I assume they were in a case like this) rather than directly with the wire transfer how is the cash stolen?

        Just the same way as if I trade some hot jewels in for a stereo at a pawn shop. If the stereo was a legit trade, I’m still a crook, but the stereo isn’t stolen property until I’m convicted of fraud and refuse to return the stereo (assuming that’s the terms of my conviction). The pawn shop is left holding the bag, so to speak.

    • jamar0303 says:

      @bloggerX: Not to mention, is this cross-border legal action allowed?

  2. HasPonies!Envy_GitEmSteveDave says:

    It surprises me not one bit that they were tipped off to their location due to an idiot using facebook.

  3. seeker1321 says:

    so depending on the quality of New Zealand prisons, they can avoid capture for the next 30 years living the high life on the money, then when they are ready to retire and the money’s gone, they can move back, and let the government pay for their room and board for the next seven years?

    • esd2020 says:

      @seeker1321: What planet are you from? It’s a *prison*

      • seeker1321 says:

        @esd2020:

        that’s why I said depending on the quality of the prison, based on the crime if it’s similar to a low-security US prison they will live better and be better cared for then in most nursing homes. (sad but true)

      • HasPonies!Envy_GitEmSteveDave says:

        @esd2020: Many different countries have different prison systems. IIRC from the book, which was then made into a movie, “Catch Me If You Can”, Sweden’s jails were more like apartments, vs. France’s, which were literally dungeons.

  4. pot_roast says:

    Wow. They come into a whole bunch of money, and they go out to a farking *CASINO* and start blowing it?

    These two will get caught in a matter of weeks and will wind up miserable in prison for a long time.

    • bibliophibian says:

      @pot_roast: That was what I thought. On the one hand, perhaps they were working on the “ride this streak of luck” principle, but honestly, at a certain point, you just – literally – take the money and run.

      Of course, maybe they were hoping to win a couple of jackpots to get them out of this mess… Consider: You get handed (say) $5M by accident. You go on a spending spree to the tune of (say) $100K before you see the news reports and come back to reality and accept that you’re not going to get away with it. But! They haven’t caught you *yet*… if you take another (say) $100K of that money, and get lucky enough at the casino to turn it into (say) $250K, then you can pay back all the money you received, including the money you already spent, AND you’ll have $50K left over to pay for your attorney and legal fees.

  5. edwarddouglas01 says:

    Can someone explain how they can be charged with theft? From my understanding, the bank only increased their overdraft allowing them to overdraw up to the amount they took out. All cases I have seen where people were prosecuted involved checks or deposits being made to the wrong account. That did not happen here.

    • steveliv says:

      @edwarddouglas01: they applied for what amounted to a $10,000 loan. They withdrew a much larger amount due to the clerical error. Either way, the money is not theirs to spend, it was always a loan, and the fact that they ran off with the money pretty much means they aren’t going to pay it back. If the bank gives you too much money, it’s not yours even if the bank made the error. When you withdraw that money and scram, guess what, you stole money from the bank.

      • edwarddouglas01 says:

        OK, so as an example – say I have a 5,000 limit credit card. I then go online and see that it is now 10,000 and buy some things to bring the balance close to 10,000. The bank can now say that was a mistake and charge me with theft? Also, if not paying the bank back is theft or stealing there is a load of people in the US and throughout the world who are criminals right now. Defaulting on mortgages, credit cards, etc.

        • jozhua says:

          @edwarddouglas01: From the article:

          Inquiry head Detective Senior Sergeant Dave Harvey said on Monday that it was likely the pair would face charges relating to the access and use of a computer, rather than theft.

  6. jesterthejedi says:

    Can we sue the banks for stealing money from us the tax payers.? From swindling our government and creating mass economic hardship. Peas and carrots…