News

Jackpot! (Or maybe not.)

June 14, 2012

A retired General Motors employee could be the luckiest man in Detroit. Also, the unluckiest man in Detroit.

The lucky part: According to ClickonDetroit, during an outing to a Motor City casino, Ronald Page stopped by an ATM. To his amazement, he discovered that though he had only a few hundred dollars in his Bank of America account, he was able to withdraw unlimited cash.

The unlucky part: Page proceeded to make the rounds of area casinos from the Greektown to the MGM Grand, withdrawing a total of $1.5 million in 15 days and losing all of it.

The unluckiest, but inevitable, part: Eventually, Bank of America found the error and Page found himself in a world of legal trouble.

But Page could find himself in luck once more. Prosecutors are recommending a light sentence for what they termed, in a case of monumental understatement, "a lapse of judgment."

For more on this topic, visit the security research center.