ATM Mishap: Man Withdraws $1.5million From His $300 Bank Of America Account And Gamble With All

Ronald Page

What would you have done if you were to be in this kind of position? 

You had about $300 in your bank account and decided to get some money, but on getting to the ATM, you realized your account has been credited more than over 200% of the actual money you have in there. 

This is what happened to 55 years olf man, Ronald Page who seemingly had it made when Bank of America unintentionally changed his account status, allowing the 55-year-old man to make unlimited ATM cash overdraft withdrawals.

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.

The day the Bank of America glitch went into effect, Page reportedly withdrew $312,000 from ATMs at the Greektown Casino in Detroit and an additional $51,727 from the MGM Grand Casino. Bank of America placed a hold on his account 17 days later, but he had already withdrawn $1.5 million by that point.