You already know that split-second feeling while you’re taking out money at an ATM and also you assume, “what if it simply didn’t cease?”
If that fast little “ftt, ftt, ftt” sound of the machine shelling out cash saved going, regardless of your checking account’s stability.
In 2011, an Australian bartender hit the jackpot.
Kind of.
At 29 years previous, Dan Saunders found an ATM glitch enabling him to withdraw money far past his account stability.
After ending a shift, with solely $3 in his checking account, Dan found he might switch cash from a virtually empty account into his debit account after which withdraw money—as a result of the machine wasn’t speaking to the financial institution in actual time. When the community synced the subsequent day, these after-hours transfers caught like they have been legit, and his stability ballooned. No malware. No card skimmers. Only a timing bug and a really curious evening owl.
He didn’t pull one quick rating and vanish. He saved testing the sides. Switch. Withdraw. Repeat.
The numbers on the display seemed like a online game the place you discover the key combo and abruptly have limitless lives.
Over seven months, he cycled by about $1.6 million AUD due to the glitch, in keeping with a number of interviews he’s given since.
