A man nicknamed the "runaway millionaire" has been bailed to an Auckland address.
Leo Gao, 31, allegedly fled to China after $10 million was mistakenly deposited into his Westpac bank account in 2009.
He applied for electronically-monitored bail at the High Court at Auckland today.
Justice Murray Gilbert granted Gao bail to an Avondale address, with a number of conditions including a 24-hour curfew.
Details of the legal arguments were suppressed by the Court.
Gao was arrested crossing from China to Hong Kong in September, after a two-and-a-half year investigation into the alleged theft.
He is to face 16 charges of theft and two of money laundering.
A Westpac employee deposited $10 million into his account in April 2009, rather than the $100,000 he applied for.
The overdraft was to be used to keep his Rotorua service station afloat.
Gao allegedly transferred almost $6.8m of the cash into several accounts and skipped the country, followed by this partner Kara Hurring.
Following an international man-hunt, Geo was arrested and returned to New Zealand in December.
Hurring was arrested when she re-entered New Zealand in February last year.
She has been charged with 28 counts of theft, two counts of money laundering and two counts of attempting to use a document, in Auckland, Macau and Hong Kong.
Gao is not allowed to associated with the co-accussed, Hurring.
Almost $3.8 million of the missing money was still outstanding.
Defence lawyer Ron Mansfield represented Gao, who was excused from appearing at the High Court bail hearing today.
Under electronic monitoring an alarm would sound if Gao left his proposed bail address without warning authorities.
A family friend of Gao put her house up for security on his bail.
The prosecution lawyer opposed bail.
First of all, Leo didn't steal the money, the bank screwed up and put it in his account. Case dismissed. Trust me, if some bank employee decides to deposit $10 million in my account, I am gone so fast it would make your head spin. Step one, take out suit cases full of cash. Step two, deposit the rest into accounts that the US Government can't touch. Step three, flee to a country with extradition to the US. Step four, ball like a mutha f*cka. I mean ball so hard ma f*ckas wanna find me, but first they gotta find me.
Let's take a look at the countries without extradition to the US, shall we?
Bhutan
Botswana
Brunei
Burkina Faso
Burundi
Cambodia
Cameroon
Cape Verde
Central African Republic
Chad
China
Comoros
Djibouti
Equatorial Guinea
Ethiopia
Gabon
Guinea
Guinea Bissau
Indonesia
Iran
Ivory Coast
Jordan
Kuwait
Laos
Lebanon
Libya
Madagascar
Mali
Maldives
Mauritania
Mongolia
Morocco
Mozambique
Nepal
Niger
Oman
Qatar
Russia
Rwanda
Samoa
Sao Tome e Principe
Saudi Arabia
Senegal
Somalia
Sudan
Syria
Togo
Tunisia
Uganda
United Arab Emirates
Vanuatu
Vietnam
Yemen
Yemen South
Zaire
Botswana
Brunei
Burkina Faso
Burundi
Cambodia
Cameroon
Cape Verde
Central African Republic
Chad
China
Comoros
Djibouti
Equatorial Guinea
Ethiopia
Gabon
Guinea
Guinea Bissau
Indonesia
Iran
Ivory Coast
Jordan
Kuwait
Laos
Lebanon
Libya
Madagascar
Mali
Maldives
Mauritania
Mongolia
Morocco
Mozambique
Nepal
Niger
Oman
Qatar
Russia
Rwanda
Samoa
Sao Tome e Principe
Saudi Arabia
Senegal
Somalia
Sudan
Syria
Togo
Tunisia
Uganda
United Arab Emirates
Vanuatu
Vietnam
Yemen
Yemen South
Zaire
OK, let's be honest, that's a tough list right there. China could be good because at least they have some very international and cosmopolitan cities. Jordan, Kuwait, Qatar, and the UAE could probably be pretty good, I'll scout them when I go for work in April.
Um, Maldives looks kind of OK:
So, there you have it. If I find $10M in bank account, come visit me in Maldives, because I ain't making the same mistake as Leo and trying to cross boarders.
Go to the 40 second mark where the hotness begins. Ballin' like crazy at Papa Gino's...
-Big Ran
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