Man Who Withdrew "Free"...

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Man Who Withdrew "Free" Money From Dublin ATMs Avoids Jail


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A dad of two has avoided jail for taking advantage of a major Ulster Bank technical glitch.

The 46 year old went to various ATMs in Dublin taking out cash after realising he could make unlimited withdrawals.

In June 2012 Ulster bank suffered a massive technical fault in their computer systems. It emerged this error meant people could take out unlimited amounts of cash from their accounts on a particular day.

The court heard the accused took advantage of this and went around Dublin and Meath where he withdrew over 8 thousand euro from different ATMs. He used the money to refurbish his house and went to IKEA shopping.

He was later arrested and admitted he had used his wife’s card to withdraw the cash. 46 year old Babatunde Fagbule with an address at Insebay in Laytown in Meath pleaded guilty at Dublin Circuit Criminal Court.

The court heard he gave in to temptation but the gardai were always going to find out. The Judge gave him a suspended 18 month sentence noting he had paid all the cash back.


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