A Malaysian student spends more money than she can afford. Christina Jiaxin Lee (21 years old) is from USyd in Sydney and was preparing to go home to Malaysia when she was caught by the authorities. We explain here
She was charged with dealing with the proceeds of crime which she knew that it was a huge glitch by Westpac.
Christina is an International student studying Chemical Engineering in USyd.
Christina had $4.6 million in overdraft by Westpac. This was accidental and she claimed that her parents gave her that money. But in actual fact this was Westpac's fault (as it was a banking error) and she should have paid it back. Instead she spent it on designer clothes and handbags from July 2014- July 2015
She was granted bail but failed to meet them as her boyfriend was a Malaysian national.
Now she will be going to court and maybe jailed. Her parents will pay it back when they come to Sydney in June. Initially they were not happy with her.
What we think
As students ourselves it is not fair that she had all this money. Moreover the money that she spent gives international students a bad name. The money was not even hers to begin with. Upon discovering the mistake she should have notified the bank.
Understand your limits
When you first sign up for your bank account make sure that you understand the limits. If you don't understand ask the bank. And if your parents will be sending you money make sure that you ask them how much and it should be in writing.
Whatever you can't afford, you shouldn't spend. And don't even think about spending other people's money as that is a crime.
If you notice anomalies in your bank account, notify the bank
She was charged with dealing with the proceeds of crime which she knew that it was a huge glitch by Westpac.
Christina is an International student studying Chemical Engineering in USyd.
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| Christina. Image courtesy of smh.com.au |
Christina had $4.6 million in overdraft by Westpac. This was accidental and she claimed that her parents gave her that money. But in actual fact this was Westpac's fault (as it was a banking error) and she should have paid it back. Instead she spent it on designer clothes and handbags from July 2014- July 2015
She was granted bail but failed to meet them as her boyfriend was a Malaysian national.
Now she will be going to court and maybe jailed. Her parents will pay it back when they come to Sydney in June. Initially they were not happy with her.
What we think
As students ourselves it is not fair that she had all this money. Moreover the money that she spent gives international students a bad name. The money was not even hers to begin with. Upon discovering the mistake she should have notified the bank.
Understand your limits
When you first sign up for your bank account make sure that you understand the limits. If you don't understand ask the bank. And if your parents will be sending you money make sure that you ask them how much and it should be in writing.
Whatever you can't afford, you shouldn't spend. And don't even think about spending other people's money as that is a crime.
If you notice anomalies in your bank account, notify the bank
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