>why his boss and execs from the bank were never bothered.
Some were let go. Not the Big big boss though.
he cheated the system.
By moving up through the ladder he gains good knowledge how to bypass security (that was poorly designed, but again 12 years ago that wasn't the focus), he became an insider threat and use his knowledge to abuse the system.
I don't think they (bosses) were aware they were making profits.
> he just simply stole money into his personal accounts?
Yup! (I mean, it went to subsidiaries for pay his family and his own entities. Or was laundered to pay for a party at Versailles. Fairly standard stuff.)
> The main problem was using a machine that had access to half a billion dollars
Going up a level, the main problem was that the company had a system where a single person could irreversibly transfer half a billion dollars away from the company.
Summary: "I knew the money was stolen, and all I wanted to do was press 'reset' and keep all of it. But they wouldn't let me. I didn't like giving the money back, but I did learn a valuable lesson about how I enjoyed being rich."
The guy was caught in short order so he really wasn't able to do it. You can steal money pretty easily in the traditional financial system with a simple forged check. Money will likely go through initially but you also will likely be caught in short order.
The guy was clearly not very bright. This isn't some criminal mastermind big brain stuff. Any random dev with prod access could trivially execute something similar. But anyone with a brain knows that you'll be caught immediately. There's simply too many checks in the financial system to pull it off.
> Doing some digging, I found incontrovertible proof that my foreman of ten years---ten years!!!---had been stealing from me.
> I simply told him I would never give him a raise again. And he understood that---due to radical inflation---his salaried buying power would keep dropping and dropping, until it was chiseled away to nothing. So he quit.
Just to play devil's advocate here, and I'm not saying that stealing is wrong by any means, but this just makes me feel like the reason he was stealing to begin with was that his income was too low to live off of.
> Sent $80M a Month to Himself
In the end, it turns out that you don't need admin powers to steal lots of money.
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