Alcoholic withdraws $15,000 from broken ATM in one day and spends it all on drinksBy Mason White 5:46 PM April 14, 2016
By: Wayne Morin
(Scroll down for video) A man was arrested on a charge of theft after withdrawing more than $15,000 from a broken ATM to spend on alcoholic beverages, police in Ireland said.
Now, 58-year-old Peter Anthony Young of County Down, has been sentenced to serve 4 months in prison after pleading guilty to theft.
According to the police investigation, Young became an alcoholic after his mother died when he was 31 years old.
About four years ago, Young took advantage of a broken ATM and withdrew $15,500 from his checking account despite the fact that his account did not have the money.
Ulster Bank said that its computers allowed customers to withdraw cash without affecting the credit balance. After a check, Ulster Bank discovered that Young withdrew the $15,500 in a single day.
He then spent all the money on alcoholic beverages. The bank asked Young numerous times to repay the money, but he ignored their requests.
The bank then notified the police who arrested Young.