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Back in 2009 Ronald Page used an ATM at three different casinos in the Detroit area. The ATM’s had a glitch and this allowed Page to take out over $1.5 million. Page used the money to hit the blackjack tables and now the gambler has to pay the bank back for the money that was not rightfully his. Page spent 14 days back in 2009, hitting the blackjack tables and burning through the cash. Just his week, a federal judge in Detroit, has now ordered Page to repay the debt. The judge ordered the gambler to fifteen months in prison and he also has to repay the money back to the Bank of America. Payments will be taken each month from the gamblers pension check from General Motors. Page told the judge:
“I am completely apologetic to Bank of America. I knew I was wrong. I was sick…but I plan to get well.” Page apparently discovered he could use his debit card to withdraw the unlimited amount of cash from the particular ATMs.
Page would withdraw amounts ranging from $50,000 to $500,000. Bank of America did not discover the glitch until Page had taken over $1.5 million. Page’s lawyer commented that the instance was like giving a junkie crack. The incidence has now cost Page his marriage, his home and his freedom.
Richard Morgan, the lawyer for Page, commented on Page by stating: “He is now a broken and lost man who has to deal with the rest of his life of attempting to pay back a sum of money that is nearly impossible to pay back.”
Page pled guilty back in March of this year to theft of bank funds and he has now been sentenced. He will now spend a short time in jail and most likely the rest of his life paying back the money he stole.
2012-06-29
