What would you do if one random day, you found $4.6 million in your bank account? Other than going crazy? The feeling though might take a while to set in and after that, you might start evaluating every possibility and a reasonable explanation for that. But Christine Jiaxin Lee decided otherwise and splurged them all on Hermes handbags and a luxurious apartment. Hard to believe right?
A 21-year-old student is accused of going on a spending spree after millions of dollars were wrongly put into her bank account.
She allegedly hid $1.3 million of the cash by making small transfers into private bank accounts. Christine Jiaxin Lee, from Malaysia, has been arrested by immigration officials for breaching her student visa, allegedly hid the money by transferring about $5000 per day into secret bank accounts across Australia.
According to the officials, over a nine-month period, about $33,000 per week was sent to bank accounts with no connection to Westpac bank, who initially transferred Ms Lee $4.6m after a processing error.
The smaller sum ensured against raising any alarms with banking officials. The chemical engineering student allegedly splurged out $3.3 million in less than a year, making cash transfers and adding to a collection of designer handbags. Westpac also confirmed that the same amount, $3.3m, was still missing and was believed to have been spent or moved overseas.
Ms Lee also lived in a luxury apartment in Sydney’s inner west overlooking the harbor, at a cost of more than $3000 per month which is a little too much for a student.
She was due to walk free from police custody on Friday after being granted $1000 bail in court over charges relating to the $4.6 million she wrongly received. But fate had other plans as she was taken into custody by immigration officers and transferred to Villawood Immigration Detention Centre in Sydney’s western suburbs.
Check Out What Lee’s Boyfriend Of 18 Months Has To Say About The Controversy On NEXT Page.