Man goes on $700,000 spending spree after couple accidentally sends him their house deposit

vt-author-image

By Carina Murphy

Article saved!Article saved!

A hopeful rapper has pleaded guilty to spending over $750,000 on a wild shopping spree after a young couple accidentally transferred him their house deposit.

Abdel Ghadia, 24, bought bars of gold bullion, clothes, make-up, and foreign exchange after an unnamed couple entered the wrong bank account details and inadvertently wired him $759,314 AUD ($490,750 USD).

According to a report by Mail Online, he appeared in Sydney's Burwood Local Court on Wednesday (November 2) and pleaded guilty to two counts of dealing with the proceeds of crime.

Ghadia thought he had had an incredible stroke of luck when he woke up one day and saw an additional $759,000 in his bank account.

In fact, a young couple in the final stages of purchasing a house had accidentally sent the money to him, rather than to the Commonwealth Bank account it was supposed to end up in.

Rather than checking where the money had come from - or trying to give it back - Ghadia proceeded to buy over $710,000 worth of gold bullion.

As if this wasn't already enough retail therapy, the aspiring musician - who is known as 'Slimmy' on YouTube - then bought himself $6,235 worth of clothes from Uniqlo and JD Sport, and some make-up from MECCA.

wp-image-1263176227 size-full
Uniqlo clothing store. Credit: Oleksiy Maksymenko Photography / Alamy

He even dropped $14,490 on foreign exchange and withdrew around $13,600 from ATMs around Sydney, bringing the grand total of his spending spree to around $740,000.

However, the law caught up with him eventually. After the devastated couple realized they had sent their money to the wrong account, detectives located Ghadia.

wp-image-1263176228 size-full
Gold bullion bar. Credit: Jochen Tack / Alamy

Despite initially denying that he had received the couple's money, Ghadia later pleaded guilty to two charges of dealing with the property proceeds of crime with a sum greater than $100,000.

He even alluded to it in an Instagram post, which he captioned: "Detectives making offers asking where'd the MONEY GO. They tapping all my phonecalls but I speak a different LINGO!!"

His sentencing is scheduled for next month, on December 2.

Until then, the former high-flyer will live until strict bail conditions. As well as being banned from going anywhere near an international airport, Ghadia has a 10:00PM to 7:00AM curfew.

Featured Image Credit: Alamy / Mykola Sosiukin

Man goes on $700,000 spending spree after couple accidentally sends him their house deposit

vt-author-image

By Carina Murphy

Article saved!Article saved!

A hopeful rapper has pleaded guilty to spending over $750,000 on a wild shopping spree after a young couple accidentally transferred him their house deposit.

Abdel Ghadia, 24, bought bars of gold bullion, clothes, make-up, and foreign exchange after an unnamed couple entered the wrong bank account details and inadvertently wired him $759,314 AUD ($490,750 USD).

According to a report by Mail Online, he appeared in Sydney's Burwood Local Court on Wednesday (November 2) and pleaded guilty to two counts of dealing with the proceeds of crime.

Ghadia thought he had had an incredible stroke of luck when he woke up one day and saw an additional $759,000 in his bank account.

In fact, a young couple in the final stages of purchasing a house had accidentally sent the money to him, rather than to the Commonwealth Bank account it was supposed to end up in.

Rather than checking where the money had come from - or trying to give it back - Ghadia proceeded to buy over $710,000 worth of gold bullion.

As if this wasn't already enough retail therapy, the aspiring musician - who is known as 'Slimmy' on YouTube - then bought himself $6,235 worth of clothes from Uniqlo and JD Sport, and some make-up from MECCA.

wp-image-1263176227 size-full
Uniqlo clothing store. Credit: Oleksiy Maksymenko Photography / Alamy

He even dropped $14,490 on foreign exchange and withdrew around $13,600 from ATMs around Sydney, bringing the grand total of his spending spree to around $740,000.

However, the law caught up with him eventually. After the devastated couple realized they had sent their money to the wrong account, detectives located Ghadia.

wp-image-1263176228 size-full
Gold bullion bar. Credit: Jochen Tack / Alamy

Despite initially denying that he had received the couple's money, Ghadia later pleaded guilty to two charges of dealing with the property proceeds of crime with a sum greater than $100,000.

He even alluded to it in an Instagram post, which he captioned: "Detectives making offers asking where'd the MONEY GO. They tapping all my phonecalls but I speak a different LINGO!!"

His sentencing is scheduled for next month, on December 2.

Until then, the former high-flyer will live until strict bail conditions. As well as being banned from going anywhere near an international airport, Ghadia has a 10:00PM to 7:00AM curfew.

Featured Image Credit: Alamy / Mykola Sosiukin