After the bank accidentally transferred $1.3 million to his account = A Russian man purchased 4 apartments, 2 luxury cars, and an iPhone only to be caught later and sentenced to 6 years in jail.


Life can be generous and ruthless simultaneously; it sure was for one Russian man who became an overnight millionaire due to a banking error. 35-year-old Roman Yurkov received 95.2 million rubles ($1.3 million) after a technical digital mistake while taking money from his bank account at a bookmaker in Tula, Russia. What if you suddenly found $1 million in your bank account? As expected, this man too went bananas shopping for the best things in life- fancy apartments, fancier cars, and an iPhone. He called the bank to make sure everything was in order, and he said it was conveyed there were no issues with his account.

What followed was him taking advantage of this jackpot-of-a-error and withdrew funds from the account to go on a shopping spree. On the night of May 31, 2020, through to June 1, 2020, Yurkov made 220 separate transactions he spent “at his discretion,” prosecutors alleged. His shopping list included four apartments, a new iPhone, a BMW, and a Mercedes. Surprisingly, Yurkov said he was in regular contact with the bank to ensure everything was okay with his account and said bank employees repeatedly told him that everything was fine until it wasn’t.

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His account, which had 39 million rubles ($540,000) left, was seized, and the following month Yurkov was arrested. The court found Yurkov guilty and sentenced him to six years in prison. On the other hand, the accidental millionaire claims his innocence and fully believes it was a mistake by the bookmaker.

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[Via: 9to5Mac]

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.