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A couple accused of spending $10.5M sent in error by Crypto.com on houses, a car, furniture and gifts face trial for theft
Business Insider (via MSN.com) ^ | 03 December 2022 | Ryan Hogg

Posted on 12/04/2022 12:04:09 AM PST by zeestephen

The exchange mistakenly transferred $10.5 million, rather than $100, to Thevamanogari Manivel's account in May 2021 after entering the wrong figure in the payment field...Manivel, 40, was apprehended at Melbourne airport carrying a large amount of cash and luggage, and a one-way ticket to Malaysia...

(Excerpt) Read more at msn.com ...


TOPICS: Chit/Chat
KEYWORDS:

1 posted on 12/04/2022 12:04:09 AM PST by zeestephen
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To: zeestephen

Play dumb for a year. If they don’t catch their mistake, your home free.


2 posted on 12/04/2022 12:31:30 AM PST by o-n-money (Not my president: WRONG Not the president: RIGHT)
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To: dpetty121263

FYI


3 posted on 12/04/2022 1:35:36 AM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: zeestephen

Does this person have a middle name? Probably Gobhfdsdfghhyrfvjoo.


4 posted on 12/04/2022 1:46:14 AM PST by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.)
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To: zeestephen

It’s stealing. No way around that.


5 posted on 12/04/2022 2:13:41 AM PST by sauropod (Fascists also buy Comcast cable packages" - Olby - Wanna buy mine?)
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To: zeestephen

If he had given it to the DNC he would have been praised on national television.


6 posted on 12/04/2022 3:42:36 AM PST by stevem
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To: sauropod

I disagree about calling it outright theft. The guy requested money, they sent him money. Morally lacking, yes. An honest person would have contacted Crypto.inc and arranged a correction. But it is said that everyone’s honesty has a price. I suspect that $10MM would blow right by many folks honesty threshold.

I would have immediately deposited the money in a high-yield instrument and waited for Crypto to ask for their money back. Then argue with them for as long as I could before initiating the transfer for the original deposit amount. In the meantime I would be earning about $1,400 per day interest.

Nothing dishonest abut that at all.


7 posted on 12/04/2022 3:42:39 AM PST by ByteMercenary (Slo-Joe and KamalHo are not my leaders.)
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To: zeestephen

It is always the fault of the citizen...never the fault of the institution.

If I left a bag of cash on someone’s door step, would that person be charged with a crime for stealing my money? You know they would not be.


8 posted on 12/04/2022 4:18:16 AM PST by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: joma89

You’ll need my address.


9 posted on 12/04/2022 4:38:28 AM PST by lowbridge ("Let’s check with Senator Schumer before we run it" - NY Times)
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To: ByteMercenary

I disagree.

Did he earn the money? No.

If it wasn’t an outright gift, it was theft, pure and simple.

AFA your point on earning interest on $10M before whomever it was that sent the $ in the first place attempts to get it back, well, that’s between you and God.

Cheers, ‘Pod


10 posted on 12/04/2022 5:27:54 AM PST by sauropod (Fascists also buy Comcast cable packages" - Olby - Wanna buy mine?)
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To: SaveFerris

Yeah you see stories like this, couple months ago a bank made an error and deposited 250k in some couple’s account and they instead of letting the bank know went on a spending spree till the bank figured out the mistake and arrested them.


11 posted on 12/04/2022 5:51:49 AM PST by dpetty121263
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To: zeestephen

Having a windfall dumped on you is all good and fine, but one must think VERY HARD as to the implications of trying to take advantage of it.

There was a true story about a guy who got his hands on a bunch of cocaine, probably worth over $1M (abandoned by a cartel). He then got in contact with some shady people to distribute it. The FBI got wind of it, and arrested him. They later interviewed the shady guy and he said “Of course I was going to kill him, once I got the drugs”.


12 posted on 12/04/2022 6:42:38 AM PST by BobL (By the way, low tonight in Estonia: 18 degrees, burrr!!!)
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To: zeestephen

A couple (politicians)?


13 posted on 12/04/2022 6:53:02 AM PST by blackdog (The head, hands, and heart, serve even further than the purse. )
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To: ByteMercenary

“Nothing dishonest abut that at all.“

Oh bullshit. You’d see plenty that’s dishonest about it if the error were against you. And in that case you’d be right. You ve stolen the value to make money that the actual owner has every right to.


14 posted on 12/04/2022 7:15:10 AM PST by TalBlack (We have a Christian duty and a patriotic duty. God help us.)
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To: zeestephen
The most important thing you can do is NOT incriminate yourself.

If you spent the money, just write or say that you spent the money - and not one word more.

In a criminal trial, they have to prove you knew it was not your money. If you make or write no statements, and if you refuse to testify, the prosecution has nothing to work with, unless you made obvious attempts to conceal the money or conceal your spending.

The civil law part is more tricky. You can be compelled to give a deposition and to testify - both times under oath.

In a civil trial, just keep it simple. If they ask you where you thought the money came from, you just say, "I never thought about that. I thought it was my money."

Never deviate. Give them the same two sentences for every question! In a civil trial, you only need two or three jurors on your side to get a new trial, or, the financial institution just gives up.

15 posted on 12/04/2022 8:00:02 AM PST by zeestephen (43,000)
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To: zeestephen

Mistakenly = Stupidity

A lot of that going around now days


16 posted on 12/04/2022 8:16:44 AM PST by Vaduz (LAWYERS )
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To: dpetty121263

Oops!!


17 posted on 12/04/2022 1:29:36 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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