[Michael.SF.]

I am betting he votes democrat.

[citizencon]

What ‘account status’ allows one to withraw a total of 350K from ATM in one day?

[COBOL2Java]

He did it for Trayvon!

[jakerobins]

Page, who in reality had only $300 in his checking account, used the accidental loophole to withdraw more than $1.5 million—losing it all on gambling

I could have guessed it was one of Holder’s people...to steal over a Million and be facing less than a year and a half in prion. Bet he was on food stamps like the Michigan lotto winner that still had his bridge card....

[lwd]

I think the real story here is that visa or whoever was hacked by this guy (or someone he knows) to allow his account to have unlimited overdraft. I don’t believe that he just happen to realize the mistake the same day. /tinfoil

[Cyman]

This would make a great movie starring Martin Lawrence or Eddie Murphy.

[EDINVA]

15 months for $1.5M? I *bet* it was worth every minute.

[editor-surveyor]

So, now he gets another gift of 15 months of free rent and grub?

Whatta deal!

Why can’t they make him work it off? (at minimum wage of course)

[gorush]

The government does this all the time!

[Boogieman]

15 months? That’s 1 month for every 100k he stole?

I really don’t see any deterrent to NOT do this, if this is the consequence. Except, I would just say I spent it all on drugs so there was no paper trail. Get out of jail in 15 months, and I’m on easy street.

[Vince Ferrer]

...used the accidental loophole to withdraw more than $1.5 million—losing it all on gambling

That would be my cover story too.

Meanwhile, if you were an ATM company in the software testing department, what would be the absolute first test you would write?

[elkfersupper]

That's exactly what I would have said.

"Find it".

[cynwoody]

Oddly enough, B of A features another, younger Ronald Page as a student leader in their Neighborhood Excellence Intiative®.

[TheCPA]

The article does not discuss the income tax effects. The money that he illegally got from the ATM is included in his gross income under the claim of right doctrine. The net gambling losses are not deductible under Section 165. If he did not report the income on his return, he is looking at a 20 percent negligence penalty and six-year statute of limitations or a 75-percent civil fraud penalty and no statute of limitations.

[School of Rational Thought]

He probably figured it was “Obama’s stash”.

[Joe Bfstplk]

He found the only machine in the casino that paid 0ff. I'll bet they would renege on any other jackpot that was hit.

[Kenny500c]

Not condoning what he did but it does not seem like a crime, the bank allowed him to overdraw, a loan, which he did not pay back.

No different that people who took out large mortgages or HELOCs and did not pay them back, imho.

[SampleMan]

$1.5 million in cash and he gets 15 months? Where do I get that deal?

Gambled it away? Yea right.

[spodefly]

Most definitely voted for Obama, straight Democrat ticket, and is the special kind of stupid that only comes from the malignantly entitled ...

[Tolkien]

Ding Dong - Nobody home!

Definitely a DemonRat.

Since he always chooses wrong, DEFINITELY a DEMONRAT.

[MasterGunner01]

Hmmmm. Another member of the Obama-Holder mob surfaces. One of Dear Leader's looters.