This_Simple_Money_Glitch_Let_This_Man_Live_His_In_Luxury

This man discovered an infinite money glitch. This is Dan Saunders. One night at 2 a.m. (0:04) He stopped by an ATM to take out some cash.

(0:07) He transferred $200 from his credit card to his debit card. Although the transaction failed, (0:12) he checked his debit account and saw that the transfer had actually gone through and he could withdraw the money. (0:17) He tried to transfer another $500 and the same thing happened.

Over the next few days, (0:21) he realized that transactions made between 1 and 3 a.m. (0:24) always resulted in the same issue and it took the bank one full day to reflect the transfers on his credit card. (0:29) So he devised a plan. He transferred $10,000 to his debit account and then the next night before the transaction appeared, (0:36) he transferred another $30,000.

In the morning, the bank charged him $10,000 for the first transfer. (0:43) But this didn't matter because his account now had $30,000. All he had to do was stay one day ahead of the bank.

(0:49) He continued this for more than 160 days and ended up spending over 1.6 million dollars. (0:54) However, he began to feel guilty. (0:56) He eventually told the bank about the glitch and was sentenced to only one year in prison.