A man spent Rs. 4.6 Crore deposited accidently in his account on gold bars

Australia : 9Now reported that a man in Australia went on a spending spree after accidentally receiving 420,000 pounds sterling (Rs 4.26 crore) in his bank account. The police arrested Abdel Ghadia, 24, after he spent money on gold bars, cosmetics, and designer clothing. Ghadia, a rapper want tobe, is currently serving 18 months in prison.

A couple seeking to purchase a home transferred the funds to his account inadvertently. Tara Thorne, an Instagram nutritionist, and her husband Corey intended to purchase a home on Sydney’s Northern Beaches, but sent the funds to the incorrect account.

The couple thought they were dealing with the broker Adam Magro over email, but his email ID was hacked, said the 9Now report.

Tara and Corey were told to transfer the money into Ghadia’s account, who then splurged it on various things. The incident took place last year.

Ghadia pleaded guilty to two counts of handling the proceeds of the crime, but denied any involvement in the money transfer.

He told the police that “just woke up and saw the money” and “wanted to give gold to someone I loved”, according to Sydney-based Daily Telegraph.

Ghadia is the only person to be charged in the scam case, in which the Thornes lost their life savings. Handing out the 18-month sentence to the 24-year-old, the judge said that he “couldn’t wash his hands and be done with it”.

The sentence includes a non-parole period of 10 months, according to 9Now report.

The police had launched an investigation, but have still not recovered the gold bought by Ghadia.