Prison for bank error millionaire Hui Gao
Saturday 25 August 2012
A petrol-station owner who fled to China with millions of dollars after a bank error has been sentenced by a New Zealand court to four years and seven months in prison.
In 2009, a bank mistakenly gave Hui Gao a credit line of NZ$10m (£5m). Gao transferred most of the funds overseas before the bank realised its mistake. Dubbed the "accidental millionaire", the 32-year-old then fled to China with his partner, Kara Hurring, before being extradited from Hong Kong last year.
Hurring was sentenced yesterday to nine months of home detention.
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