WEBODIGY Business & Finance Journal

A 15-year-old boy from Australia, USD250.000 fined for attempting to bank fraud via the internet.

As quoted by the Sydney Morning Herald, Monday (8/9/2008), a kid is still a secret identity, first tried to register the names of six companies to obtain business in a bank account. Strategy that he did was quite unique because, to avoid suspicion, he opened several accounts from different institutions.

“He then wrote a check that will be used to pay debts, buy goods and open the following bank account,” the prosecutor said of the juvenile court in Perth Simon Formby.

In addition to counterfeit checks, the child also has a credit card theft of two fast-food restaurant customers where she worked. Even he has to do transactions by phone with credit card but the bank knew the problem and cancel the transaction as soon as possible. When the thief is a transaction for the second time the bank will immediately call the police. The police also managed to track down and subdue the child in their home.

Australian citizen child is found guilty of fraud 33 times between March 10 until July 3. In fact he is guilty for having deceived the banks with counterfeit checks. If he managed to melt the entire check and credit card is then he managed to get approximately USD250.000. Unfortunately, not all successful transactions ditembusnya. However, he has collected approximately USD10.000.

Although actors are still under age, but the court still would imprison him, but the punishment is certain fines on him. According to the judge, the penalty is still imposed because the child must realize that the crime he did really a crime.