Malaysian Student Owes Bank $2.4M After Bank Error in Australia

Malaysian Student Owes Bank $2.4M After Bank Error in Australia
Westpac Bank signage is displayed on a building in Sydney on 13 July 2006. Greg Wood/AFP/Getty Images
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A Malaysian student is facing serious consequences for spending a bank’s money on designer clothes and handbags when it accidentally gave her a AU$4.6 million ($3.4 million) overdraft four years ago.

Christine Jiaxin Lee who was 17 years old at the time, was charged on May 5 in a Sydney court in Australia with dishonestly obtaining financial advantage by deception and knowingly dealing with the proceeds of crime.