In Other News: A Guy Embezzled $1 Million and Blew It on Buying Weapons in an iPhone Game

| December 13, 2016

If I were ever going to steal seven figures, I GUARANTEE I would spend it better than this guy.

A 45-year-old guy named Kevin Lee Co got a job in the financial department of a construction equipment company called Holt of California in Pleasant Grove, California in May of 2008.

He quickly figured out a way to embezzle money from them, and over the next seven years, he stole $4.8 million. He spent it on cars, vacations, 49ers season tickets, and plastic surgery.

But . . . he also blew a full $1 MILLION of it on the iPhone game “Game of War”. That’s one of those strategy games that are free to download but charge you to buy upgrades. They had a Super Bowl commercial with KATE UPTON last year.

And Kevin blew all that money on things like virtual weapons, troops, and buildings like fortresses and prisons.

But he got caught in April of last year, and he just pleaded guilty to wire fraud and money laundering. He’ll be sentenced in May and could get up to 20 years in prison.

(Ars Technica)

In Other News: A Man Gets Into a Fight With a Woman For Using Too Many Coupons at the Grocery Store
In Other News: A Kid Kept Going to Best Buy to Play Video Games, So Employees Bought Him His Own Wii U
Filed in: In Other News

Comments are closed.