The end is almost here!!

Runaway coming home

Article published: 5:30AM Sunday Oct 17, 2010
 
Accidental millionaire Kara Hurring is coming home and plans to be back before Christmas - 18 months after Westpac mistakenly transferred $10 million into her boyfriend's bank account.

When Hurring returns with her daughter Leena, 8, she will have to face up to her part in the banking error that captured the attention of the world.

Hurring and boyfriend Leo Gao left the country just days after the money was mistakenly transferred. Gao had asked for a $100,000 overdraft for his struggling Rotorua service station - and wound up with $10m after a misplaced decimal point.

Westpac managed to scrabble back two-thirds of the cash before Gao and his family moved the remaining $3.8m off-shore and out of reach.

The Herald on Sunday has learned that Hurring left China two weeks ago for Hong Kong. She is believed to have been living in the Guangdong province close to the border. The departure to Hong Kong was intended to be her first step in a return home. Police working on the case refused to comment.

Detective Sergeant Mark Loper had previously said he had been in email and telephone contact with Hurring.

On Friday, Loper would say only that Chinese authorities had refused to process requests to have the couple extradited. "The problem would appear the Chinese don't recognise what they have done as a crime in their eyes."

Yet, while Hurring was beyond the reach of New Zealand law in China, she was unable to return to New Zealand. Her mother Sue Hurring and sisters Aroha and Chloe live in Blenheim, although her mum temporarily moved to the bottom of the South Island after their home was pictured in a local paper.

Aroha was staying tight-lipped about her sister's return yesterday. She said a lot of rumours were going around Blenheim about Kara; where she was and when she was coming home. "It's all bulls***."

Aroha would not say whether she had spoken to Kara recently nor if any of the family had been to China to visit her. "I'm no squeal. The tsunami will come one day, but not yet."

Sue Hurring recently sold her hair salon, Michael Hair Design, and told staff she was going away until the end of the year.

She spoke to the Herald on Sunday by phone last night, saying she'd been "taken for a ride" and badly treated throughout the long saga. She would not discuss her daughter's whereabouts, nor her return home.

But the Herald on Sunday has learned returning has been forced upon Kara because she was unable to lean on Gao for support. The couple separated shortly after arriving in China through Hong Kong and Macau.

It is believed the split forced Hurring to seek support from Andy Yang, her former partner and father of Leena. She had met and fallen pregnant to Yang in New Zealand but he had returned to China.

While she sought out Yang (since married), Gao, his brother Lei (Carter) and mother Huang Di Zhang went their own way into China. It is believed that Gao left Hurring with little of the accidental windfall.

A banking source close to the investigation said Hurring had been seeking a way to safely return to New Zealand "for some time". However, police "weren't prepared to do a deal"and Hurring will face the reality of returning to criminal charges.

By David Fisher NZ Herald
5:30 AM Sunday Oct 17, 2010

Cara coming home...she's coming home she's coming

Runaway contacts police

Article published: 4:00AM Sunday May 23, 2010

Westpac runaway Kara Hurring has contacted the detective in charge of trying to bring her and her daughter back from China. Hurring left the country a year ago with daughter Leena, 9, and partner Leo Gao after a banking error credited their account with a $10 million overdraft.

The couple were long gone by the time Westpac spotted the error. Gao left behind his struggling service station business and debts on property investments. But Hurring has phoned and emailed Detective Senior Sergeant Mark Loper. "She had taken it upon herself to email me and I then received a phone call," said Loper. Loper would not comment on speculation Gao and Hurring had separated, leaving the Blenheim woman and her daughter alone in a country she had never visited before last year.

"She's a long way from home. I gleaned that she was quite happy with her and her daughter's circumstances at the time."

Loper would not disclose the full content of the conversation, which took place just before Christmas. He said there had been a fresh bid for help from Chinese authorities after an unsuccessful application last year. Details released through the Official Information Act show Crown legal staff have spent 28 hours on the case this year. Meanwhile, Gao's former service station has been sold and is being turned into a fish and chip shop. One person involved in the case said a Chinese takeaway might be more appropriate.

Source: NZ Herald 

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10646868

Surprise..Westpac mess up again

Bank error makes man $30,000 richer

Article published: 7:25AM Tuesday May 11, 2010

An Auckland man wants to change banks after a Westpac left him more than $30,000 richer for a short time.

The banking error put $33,408.22 into health care worker Philip Senthi's bank account.

The bank says the mistake was human error and has apologised - but only after being contacted by the New Zealand Herald, the newspaper reported today.

The bank said a staff member had accidentally keyed in Senthi's account number when it should have been another customer's and the mistake had been rectified.

Senthi says he was frustrated with his dealings with Westpac since the incident.

Last year, in another Westpac mistake, Leo Gao, a Chinese national, and his Kiwi girlfriend, Cara Young, applied for a $100,000 overdraft but a bank worker added two zeros to the transaction, giving them $10 million.

The couple disappeared with nearly $4m and are still on the run.

http://tvnz.co.nz/national-news/bank-error-makes-man-30-000-richer-3535967

Shall we stay or shall we go

Article published: 4:00 AM  Wednesday March 31, 2010

Runaway millionaires can't be extradited from China
 
Rotorua's runaway millionaires will have to return voluntarily before any action can be taken against them.

It has been more than 10 months since Leo Gao, 30, and Kara Hurring, 31, fled after being accidentally given $10 million by Westpac.

Detective Senior Sergeant Mark Loper of the Rotorua police said that if the couple were found in China, they could not be extradited to New Zealand as there was no extradition treaty with China.

"They would have to voluntarily come back to New Zealand."

Meanwhile, he confirmed the couple had been in touch with family in New Zealand.

Mr Gao, whose business, Rotorua BP Barnetts, is in receivership, disappeared last May with Ms Hurring, his girlfriend, and her young daughter Leena after a Westpac staff member accidentally allowed a $10 million overdraft on their bank account.

About $6.7 million was withdrawn. The bank has been trying to recover money through court action but $3.8 million remains missing.

Mr Loper would not say how the runaways had been in contact with family in New Zealand and he was not sure of the last time they had made contact. However, he said contact had not been made very often.

He said there had been rumours the pair had separated but he did not know whether that was the case.

Mr Loper said the New Zealand police liaison officer in Beijing was still negotiating with Chinese authorities.

Asked if he was frustrated at how long it was taking to find the pair, Mr Loper said, "No, it's just the way of it", and the case would remain open.

"We are dealing with another country and it will be dealt with in their time, not ours."

Mr Loper said he could not comment on speculation Ms Hurring was likely to escape punishment as she was not a partner in the business the money was placed in.

Ms Hurring's mother, Sue Hurring, who lives in Blenheim, could not be reached for comment.
Source: NZ Herald
 
 

End of the line?!

Article published: 4:00 AM  Sunday March 28, 2010

Millionaire runaways urged to come home
The runaway Westpac millionaires have been in touch with family in New Zealand - and been passed messages by police urging them to come home.

It is the first sign of contact with Kara Hurring, 31, and Leo Gao, 30, since they vanished from our shores last May.

But so far the fugitive couple, who fled to China after being accidentally given $10 million by Westpac, have ignored attempts to bring them back to face possible criminal charges.

Detective Sergeant Mark Loper, heading the investigation, said the runaways had made contact with family "on a couple of occasions".

He said: "There have been a number of attempts to get them to come home but obviously that hasn't worked."

Loper said they were aware of reports that the couple had separated, but was unable to confirm if they were accurate.

Police are believed to be relaying messages through Hurring's family in Blenheim.

Hurring fled New Zealand with her 8-year-old daughter Leena and partner Gao after a banking error credited their account with a $10m overdraft.

They managed to keep around $3.8m.

Further attempts to recover the money were foiled when the bank bungled an attempt to recover its losses through the Hong Kong courts.

Police efforts to locate the couple have been affected by repeated stonewalling from the Chinese Government.

Loper said the police liaison officer in Beijing was still "negotiating" with Chinese authorities.

"We've got no jurisdiction over there. It's not like going to Australia to pick up somebody. They do things their way. It's their country, their rules."

Police were unable to trace any contact that the family had with the runaways because "as soon as you hit China, we hit the Chinese authorities".

"We can trace everything back to that point and then [we are] waiting [for] the authority to go further."

He said Chinese police had not even told their New Zealand counterparts whether they had found the runaways.

There has been speculation that Hurring is likely to escape punishment as she was not a partner in the business the money was placed in. Loper said the speculation might not be correct.

Hurring's mother, Sue, refused to comment, saying only that her daughter was responsible for her own life.

In December, the Herald on Sunday revealed that Westpac's efforts to find the couple had targeted Gao's bother Lei Gao and mother Huang Di Zhang. They are also believed to have left New Zealand.

The story so far

* May 7, 2009: Rotorua petrol station owner Leo Gao and Kara Hurring flee to Hong Kong after a banking error credits Gao's account with $10 million. They escape with about $3.8m.

* June 09: Hurring's sister Aroha joins them on an overseas trip.

* December 09: Westpac is forced to pay legal fees to a casino in Macau after losing a court bid to recover money gambled by Gao.

* March 10: The couple contact family in NZ.
Source: Herald on Sunday David Fisher

The Story So Far...

Leo Gao is a local business man from New Zealand’s who owned a BP service station along with a number of properties which he let. He and his girlfriend Cara Young and her daugher, lived in Rotorua, a picturesque city in the far North of the North Island. In early 2009 he applied to Westpac Bank for a $NZ100,000 loan presumably to support his business interests. The loan was subsequently approved but a mistake by a bank teller resulted in Leo receiving a 100 times more that the amount he had originally applied for.

The mistake was a simple one, the bank employee had forgotten to enter the decimal point resulting in a transfer of $NZ10,000,000 into Leo’s bank account. His face must have been a picture when he realised the untold riches that were now in sitting in his possession. By all accounts Leo acting quickly by transferring much of the money abroad to various accounts. Amazing the bank did not realise the mistake until a tip off from a member of the public. I can completely understand, it’s a common mistake to miss the fact you missing 10 mil from your coffers. Anyway, the bank suddenly realising their colossal error and went about with hast to reclaim the money. They manage to reclaim around $6.2 million but by this time Leo and Cara had vanished on a flight to Hong Kong and escaped with about $3.8 million. The chase was on.

As a side note, apparently these type of bank errors do occur from time to time. Given the number of loans banks approve each day…although maybe not so many during the recent credit crisis…it’s only a small percentage that go wrong, but it does happen. In most cases the bank will eventually notice the error and claw back the money. The difference in this case is Leo had the balls to take the money and run off with it.

Leo is of Korean origin so the obvious destination for him and Cara who be to head off to somewhere Asia, and he did. Reported sightings to date have included the bright lights and gambling meccas of Hong Kong and Maccau. Not a bad choice at all, if I had all that money I would have probably made a similar choice and head off to Vegas. The police, Westpac, special investigators employed by the bank initially all predicted they would be caught soon but 9 months later they are no closer to catching the fugitives. Excuses have started to appear, investigators held up by paper work with Chinese authorities etc. Those sort of things.

It emerged that Westpac had successfully managed to obtained a Hong Kong court order to freeze nearly HK$4million of money in Wynn Casino that allegedly was Leo’s. However the bank froze the whole of Wynn Casino Hong Kong account and not just the HK$4million!! Unbelievable. This caused Wynn “considerable losses and damaged its reputation” and now they are looking for substantial compenstation, and rightly so. Anyone would be a bit peeved if your whole business bank account was suddenly put on ice!! On top of that Westpac sold some of the mortgage properties owned by Leo to recover some of the lost cash, but had no choice but to sell them at a large loss. The whole episode is certainly proving to be very expensive mistake for Westpac.

The Westpac bank employee was not so lucky. She had 20+ years experience but ended up losing her job, not for this mistake but for another mistake that occurred a few months later. Unfortunately, it seems her card had been already marked.

This blog contains all the latest news, gossips, rumours regarding the great Leo and Cara getaway

Leo's antics hit the New Zealand crazy charts for 2009

Article published: 9:33 AM  Wednesday December 23, 2009 

Kiwis' crazy antics of 2009

A robber who leaves his name and address, a memorial service for a man who isn't dead and a teacher who poses nude for Penthouse just to annoy her cheating boyfriend.

Where else in the world but New Zealand.

Kiwis can always be relied on to produce some of the world's quirkiest, funniest and downright ridiculous news. And 2009 was no exception, especially with the debacle over a misplaced decimal point that handed $10 million cash to an opportunistic Kiwi couple who quickly fled overseas.

Here are the highlights of a wacky year:

.. William Stewart escaped the clutches of police for 100 days. Stewart, a rough and ready Michael Bolton lookalike, seemed to enjoy his status, at one stage stealing a pie from a farm kitchen and engraving a thank you note into the table from "Billy The Hunted One". He was jailed for his antics but not before inspiring a song, a T-shirt range and Facebook fan page.

.. Failed servo owner Leo Gao couldn't believe his eyes when, in April, Westpac accidentally added extra zeros to his overdraft facility . The Chinese New Zealander skipped the country with millions of dollars overnight, taking his girlfriend on a gambling and spending spree across Asia. Unsurprisingly, they haven't been seen since. The bank worker wasn't so lucky, losing her job after the embarrassing glitch.

.. A man vying for the title of New Zealand's most incompetent criminal left his name and contact details with a shop before robbing it and fleeing. The man - a regular customer of the music shop in Christchurch - ordered a CD before grabbing handfuls of banknotes from the till with four surveillance cameras trained on him. "It was totally comical," the store manager said.

.. When Kiwi primary schoolteacher Rachel Whitwell decided to pose nude for Australian Penthouse she wasn't thinking of the fame or the fortune. She just wanted to annoy her cheating boyfriend. But the ploy backfired badly, with saucy pics of Whitwell frolicking in a spa splashed across New Zealand papers, leaving both her career and her relationship in tatters.

.. A deadpan joke about the safety of eating overheated meat pies catapulted a Kiwi cop into internet super-stardom. Policeman Guy Baldwin was captured on camera interviewing a late-night carjacker who was trying to claim he was merely off to buy a meat pie at the local service station. Baldwin's witty reply was: "That pie has probably been in the warming drawer for about 12 hours. It will be thermo-nuclear - always blow on the pie." Unfortunately the young crim didn't get the joke.

.. A beloved family cat had an extra chilly brush with death after his owners accidentally shut him in the freezer for 19 hours . Sarah Crombie found Krillen the cat lying stiff and semi-conscious on a bag of dog food when she went to get a loaf of bread out of the freezer. The moggy, who had slipped into the top-loading freezer unnoticed the night before, was semi-frozen and hypothermic but purred loudly with relief.

.. Meat-flavoured chocolate might not be everyone's idea of delicious, but a Kiwi chocolatier claims her salami-tinged treats are just that. Sweet maker Hanna Frederick developed venison chocolate truffles to feed dozens of meat lovers at New Zealand's Meat Industry Association conference. Made from a blend of dark chocolate and ground-up salty dried meat, the morsels were described as "heavenly", much to the disgust of many.

.. A canine was in the dog box after driving his owner's ute into the front of a cafe . Wilco, a Staffordshire Ridgeback-cross, proved why dogs should never be left alone in a running vehicle when his paw slipped the column gear change into drive. The ute edged forward 15 metres before crunching into the front doors of a cafe, causing thousands of dollars in damage.

.. A man has become so obsessed with seeing his name in print that he lies regularly to get it there. Andrew Prieditis is from small town New Zealand but the self-confessed letter-writing addict has been published in more than 80 newspapers globally . His trick is to supply a false local address and he has no qualms about duping newspapers. "I just love it, seeing my name there," he said by way of explanation.

.. The condolences were sent and the memorial service was planned. The only problem: Peter Claridge wasn't actually dead. The Kiwi man got the shock of a lifetime to hear his death was being mourned throughout his hometown when he was, in fact, alive and kicking. The rumour was started by the town's misinformed and very embarrassed mayor. Claridge didn't mind though, saying he'd been planning to pop along to the commemorations.

.. The recession was responsible for many an oddity in 2009. For one, Kiwi men were more likely than ever to get "the snip" on their most intimate assets as a reaction to the financial squeeze, and prescriptions for contraceptives have also skyrocketed. The big "R" also kept sheep numbers down and sales of sexy lacy underwear sets up, apparently as a cheap thrill in all the doom and gloom.

.. A curious baby seal shuffled more than 100 kilometres across New Zealand farmland after an overexcited fishing expedition. The super-travelling youngster was spotted by a shocked Kiwi farmer early one morning as he trudged his way over to his milking sheds. Unfazed, the animal took a long nap in a paddock before being caught by conservationists and driven back to the ocean.

.. It supported the bare bums of his pub patrons for 15 years and Trev Inwood wants it back . The Kiwi publican offered a $100 bar tab for the return of a plastic toilet seat stolen from his Christchurch tavern in August. Inwood says he was shocked someone had opted to steal the bog-standard seat but conceded there "might have be a bit of nostalgia". "Some bugger must have unbolted it from the back and taken it out of the boozer with no-one seeing it". Four months on, Inwood is still waiting.

http://tvnz.co.nz/national-news/kiwis-crazy-antics-2009-3317432

Interest returns a bit skinny at the moment

Article published: 4:00 AM  Sunday December 13, 2009 

Paltry return on $3.8m haul

Westpac hasn't had much much more luck recovering money from its runaway millionaires in New Zealand than it has abroad.The bank has legally taken and sold four houses owned by Leo Gao or his mother Huan Di Zhang, and soaked up any cash left over from his Rotorua business, Heights Service Ltd.

But there wasn't much to get - the properties were mortgaged, in many cases to Westpac, and have suffered from the property market or, in one case, the leaky homes debacle. In May, the bank gained the legal right to seize assets owned by Gao, his mother or brother up to the value of almost $3.8 million - the amount the family managed to hang on to after a $10m banking error.

Gao's former investment home in Auckland's West Harbour was advertised as having "weathertightness issues" and no compliance certificate. "Would suit builders," the estate agent suggested. Rated at $735,000, Quotable Value recorded it selling for $360,000. In Eden Terrace, a rundown villa with a government valuation of $770,000, sold for $570,000.

A group of students and workers at a house in Eden Terrace have also lost out - while the house was owned by Gao and he was on the run with Kara Hurring, they lived rent free. One tenant said they were paying rent again. Two homes in Rotorua were also sold, and the bank was the main recipient of the receivership of Gao's service station, Heights Service.

Documents from the receiver show the bank claimed a $4.7m debt from Gao - a clear $1m more than the amount kept from the banking error, showing the extent of the family's debt.
After meeting debts, paying tax, staff and their own costs, the receivers were able to return some funds to Westpac - a grand total of $2007.

Source: Herald on Sunday
David Fisher
http://www.nzherald.co.nz/fraud/news/article.cfm?c_id=213&objectid=10615180&pnum=1

It's all becoming a bit costly

Article published: 5:00 AM  Sunday December 13, 2009 

Westpac botches runaway millionaire hunt

Westpac wanted to freeze the assets of Leo Gao's family through a Hong Kong court. Westpac's runaway millionaires are a step closer to keeping the cash after the bank bungled an attempt to recover its losses through the Hong Kong courts. Leo Gao fled New Zealand in May with partner Kara Hurring and her daughter Leena, after a banking error gave his business a $10 million overdraft.

They transferred about $6.7m before the mistake was discovered and Westpac clawed back less than half. The failed legal action means Westpac's chances of recovering the remaining $3.8m appear to rest on New Zealand police convincing Chinese authorities to extradite the runaways. Even then, Gao would probably have to agree to hand over the money as part of a deal to escape greater punishment, according to one insider.

The revelations emerged during a Herald on Sunday investigation into Westpac's efforts to recover the money. In New Zealand, the bank has seized and sold Gao's property investments for below-market value to help recoup its losses and settled an employment dispute with the worker responsible for the banking error. In Hong Kong, it took a pummelling in the courts after trying to recover money Gao passed through a casino in nearby Macau.

The bank lost the case and had to pay the casino's legal bills before one of its lawyers moved to distance themselves from courtroom manoeuvres. Details of the case are contained in a legal judgment from the Hong Kong Court of First Instance. The ruling, by Deputy High Court Judge Ian Carlson, described how Gao was "quick to take advantage" of the error. Carlson said, according to reports he had read, Gao had transferred "ill-gotten funds" to "various accounts in Mainland China and Hong Kong".

His ruling revealed that Gao had help transferring the money from his brother Lei Gao and mother and business partner Huang Di Zhang. Kara's sister Aroha joined them for the first leg of their exploits, telling friends she was drinking beer and loving the heat of Hong Kong, Macau and mainland China, before returning to New Zealand three weeks after the banking error. Carlson said one of the accounts into which Gao deposited money was with Wynn International Marketing, a casino and resort operator with a casino in Macau.

The ruling reveals that Gao transferred only part of the missing millions to the casino - $658,643 - but is the only other party named in legal action by Westpac in the Hong Kong courts. That suggests the bank has no idea where to look for the rest. Westpac's action against Wynn International Marketing was an attempt to extend High Court orders in New Zealand to freeze the assets of Gao's family.

Carlson initially granted Westpac permission and papers were served on the casino's account with the Dah Sing Bank, one of Asia's largest. But the lack of detail in the order meant the bank froze the casino's entire account, not the $660,000 sought by Westpac. Carlson said the casino claimed the move had caused "considerable losses" and "damaged its reputation". He said the casino intended seeking compensation from Westpac and its lawyers - although the Herald on Sunday understands the matter was dropped after Westpac paid the casino's legal bills.

It also emerged the freezing order made in Hong Kong should not have been granted. Carlson said a legal error had been made - Westpac had come to court with a freezing order from a New Zealand court when only a full court judgment would have been recognised. He cancelled any authority the bank believed it had in Hong Kong, and warned Westpac's lawyers about trying to get the court to rule on matters on which it had no jurisdiction.

That prompted one of Westpac's lawyers to seek a special court memo stating he had nothing to do with the botched application. A Hong Kong legal source said Westpac went after the first, and only, target it could find. "The fraudsters, having got so lucky, decided they would go and have a little flutter in the casinos in Macau," said the insider. "Money was then transferred to ... give them lines of credit with the casino.

"But Wynn had no notice they were doing this with money they had stolen until much later. If you turn up tomorrow at the casino with US$1m, they aren't going to ask you where you got it from. They'll just let you gamble. "When Westpac discovered what had happened they saw these sums of money going into the casino's bank account. They then charged off and got all these injunctions and sought to enforce these orders in Hong Kong without standing back to think 'have I got any claim against the casino'."

The mistake had blunted Westpac's attempts to recover the cash. The source said it was telling there were no details of further attempts to recover the cash on any Hong Kong legal database. Westpac could expect to have even less success using legal suits to recover money in China, the source said. And he said New Zealand police should hold little hope of extraditing Gao and his family.

"The police in China tend to do whatever the person who paid them the most ... wants them to do. Assuming these people got away with a significant sum of money, that will be enough to keep the Public Security Bureau happy for some years to come. "Once you disappear into deepest China, it is very hard to find you." He said the only chance of returning the money was to get Gao or his mother to New Zealand - or to Hong Kong if the debt was registered there.

Westpac had a greater chance of success if it pushed business the way of the Chinese Government. The New Zealand police case has been handled by four officers over seven months. Papers requesting Chinese assistance in arresting and extraditing Gao were filed about six months ago. The latest officer in charge, detective senior sergeant Mark Loper, said police were "still looking for (the fugitives), obviously".
 
Meanwhile, Westpac has settled an employment dispute with the staff member who keyed in the wrong figure.

The woman, who had worked for the bank for 30 years, left out a decimal point when approving a loan application - giving Gao's business $10m instead of $100,000. After being sacked she threatened to take the case to the Employment Relations Authority.
Westpac had no comment to make on the case.

Source: Herald on Sunday David Fisher
http://www.nzherald.co.nz/personal-finance/news/article.cfm?c_id=12&objectid=10615175

Still looking rosy for Leo and Kara

Article published: Wednesday November 4, 2009 

Rotorua couple still on the run

Six months after Rotorua couple Leo Gao and Kara Hurring skipped the country with millions of dollars of Westpac's money, police say they are still waiting on Chinese authorities to track them down. The pair fled to Hong Kong in early May after Westpac credited Gao's account with a $10 million overdraft when he had asked for just $100,000.

Westpac has recovered most of the money but about $3.8m is still outstanding.

Two months ago Detective Senior Sergeant Tony Colby, of Rotorua police, said a "mutual-assistance" request to the Chinese government was being worked through. That was still the case and he admitted he did not know when there would be any progress, he said. Colby would not say if police knew where the pair were or if private investigators were looking for them. "It's not a totally straight forward process and it has required a patient approach by the New Zealand authorities."

The delay was not through any lack of co-operation from Chinese authorities, he said. Colby denied the delay was frustrating or embarrassing for police. "Not really, we are used to working on complex inquiries that do require a considered, patient approach, and this is one of them. "We are not embarrassed about it. We are doing our best and following all the appropriate steps. There's a process that has to be worked through and we have to have respect and regard for that.

"I think we would be embarrassed if we didn't comply with the proper process and tried to take short cuts." Police had a person in China speaking with the authorities there regularly, and were working with Crown Law. Crown Law would not comment.

Westpac spokesman Craig Dowling would not criticise the police and neither would he be drawn on whether the case was embarrassing or frustrating for the bank. "I think we have got a good working relationship with the police and are confident they are doing what they can."
If the police were successful with their inquiries the bank would work from there to recover the rest of the money. Dowling would not say if Westpac had taken other steps, other than through the police, to find the couple or the money. "We can't really comment on specific measures the bank has taken at this stage."

However, Rotorua Sensible Sentencing Trust spokesman Peter Bentley said the case reflected poorly on New Zealand's foreign affairs capability. "We haven't got the nous to have people in senior government positions to negotiate with senior Chinese with regard to extradition agreements. "We haven't got one of those in place even though supposedly we have got free trade.
 
What exactly are our parliamentary officials doing about it?"
 

Is the coast finally now clear?

Article published:3:29 PM  MondaySeptember 28, 2009 

Westpac 'accidental millionaires' still on the run

Police are taking a 'patient approach' in their hunt for a couple still on the run with $3.8m in Westpac's cash.The hunt for a Rotorua couple who fled to China following a multi-million dollar banking error continues to drag on as "mutual assistance" requests are put in place.

Leo Gao and Kara Hurring left New Zealand in May after Westpac mistakenly credited Mr Gao's account with a $10 million overdraft when he had asked for just $100,000. Westpac managed to recover some of the money, but is still seeking $3.8 million.

Acting Detective Senior Sergeant Tony Colby from Rotorua CIB said mutual assistance requests had been sent by Crown Law to authorities in China."A New Zealand police representative in Beijing has been in regular discussion with Chinese authorities to facilitate these requests," he said today.

Differences between legal and policing systems needed to be worked through and discussions required a "patient" approach. Mr Colby said police were awaiting the outcome of mutual legal assistance requests to determine how the investigation would progress. "At this stage the timeframe for an official response is uncertain."

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10600094

Good news for Shybu Antony

Article published: Monday August 31, 2009 
Things are looking positive for Shybu

Shybu Antony and Jeffrey Morgan, are now good friends after Mr Morgan gave up his job for Mr Antony.

Things couldn't get much better for Shybu Antony. The former BP Barnetts employee was left high and dry when his employer Leo Gao fled New Zealand with his partner Kara Hurring, aka Yang, and close to $4 million of $10 million desposited in error into their Westpac Bank account.

Mr Antony, a husband and father-of-two, is now working up to 30 hours a week at Shell Te Ngae after part-time worker Jeffrey Morgan gave him his job. The pair are now close friends and Mr Antony can't thank Mr Morgan enough for his kind gesture. Mr Antony was shocked and saddened to lose his job of more than three years at Barnetts, which was put into receivership after Gao skipped the country. Since May when Mr Morgan gave up his job, Mr Antony has been working mostly at Shell Te Ngae, but has also done a couple of shifts at Shell Fairy Springs and Shell Fenton.










Jeffrey Morgan (left) and Shybu Antony 

"Life is good. At last I got a job because of this gentleman," he said of his new friend, who he described as "a great man". Mr Antony said he, his wife Elizabeth Peter and their two children had visited Mr Morgan and his wife Grace twice since the job offer was first made.

Mr Morgan, 66, said he was now officially retired and was not missing work, although he was still trying to adapt to not working different shifts. Two weeks ago Mr Antony got another surprise when the Barnetts receivers paid him $2600 in holiday pay and wages he was still owed by Gao. Mr Antony thought he would never see the money, but said he'd had faith something positive would happen. "I am very happy," he said.

Both Mr Antony and Mr Morgan said they would urge Gao to come back and return the money. "I hope that his conscience will prick him," Mr Morgan said.

Source: www.rotoruadailypost.co.nz
http://www.rotoruadailypost.co.nz/local/news/things-are-looking-positive-for-shybu/3903542/

Anyone got Sherlock Holmes number

Article published: 10:33 AM Friday August 28, 2009 

Hunt for fugitive millionaires "a farce"

The government is being urged to get involved in the hunt in China for a Rotorua couple who fled the country after a banking error left them millions of dollars richer.

Leo Gao and Kara Hurring skipped the country for Hong Kong in May after Westpac credited Gao's account with a $10 million overdraft when he had asked for just $100,000.

Westpac said most of the money had been recovered but $3.8 million was still outstanding.










A young Kara (Cara) Hurring

Rotorua Sensible Sentencing Trust spokesman Peter Bentley says the hunt for them is "a farce" and "ludicrous" because police in China could not legally arrest them. He told Rotorua's Daily Post that if the situation was reversed, the New Zealand government would be "bending over backwards" to help China find someone in New Zealand. "With that much money you have got to be found...if we get so little result from our relationship with the Chinese what does our fair trade agreement mean," he said.

Rotorua Labour list MP Steve Chadwick said the government should press the Chinese to find the pair. Detective Senior Sergeant Tony Colby, of Rotorua police, said a "mutual-assistance" request to the Chinese government was being worked through. "We are not trying to hide anything. There's no wilful lack of action on anyone's part. It's just a process that has taken some time," he said.

Source: ONE News
http://tvnz.co.nz/content/2952851?page=6&pagesize=5


Let's just throw in another 1/2 million

Article published: 4:00 AM Sunday August 23, 2009 

Runaway owes Westpac even more

Kara Hurring is still on the run with her partner Leo Gao, whose bank account was mistakenly credited with $10 million by Westpac in May.

Westpac's runaway millionaire owes the bank even more than the $3.6 million he skipped the country with, A report by receivers which took over Leo Gao's business have revealed he owes the bank another $647,000 on top of his stolen $3.6m.

A Westpac spokesman said the extra money was likely from other loans Gao had with the bank. Efforts to get cash back from the business have largely failed, returning just $2007 to the bank.

Source: NZ Herald Joseph Barratt
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10592623

Bank worker sacked 3 months later

Article published: 9:47 AM SundayAugust 9, 2009 

Bank worker responsible for $10m blunder sacked

Kara Hurring is still on the run with her partner Leo Gao, whose bank account was mistakenly credited with $10 million by Westpac in May.

The Westpac employee involved in a $10 million bungle this year has been sacked following a second mistake. In May, Rotorua couple, Leo Gao and Kara Hurring, skipped the country for Hong Kong after the Westpac worker mistakenly credited Mr Gao's account with a $10 million overdraft when he had asked for just $100,000.

Most of the money was recovered, but $3.8 million remains outstanding and police, assisted by Chinese authorities, are still trying to track down Gao and Hurring. Westpac spokesman Craig Dowling today confirmed the worker involved in the incident had been fired following a subsequent error, in which she keyed in the wrong loan amount. The second incident had not resulted in a loss for the bank.

"There was a process that was gone through post that, so it wasn't just as a result of that error," he said. The woman, who has more than 30 years banking experience, had been offered another role, with the same pay rate, at the bank, but turned it down, Mr Dowling said.

Mr Dowling said Westpac was not aware of any legal action being taken by the woman after the Sunday Star Times today reported that she intended to fight her dismissal through the Employment Relations Authority.

More woes for Westpac

Article published: 4:00 AM Sunday July 26, 2009 

'Normal' boss swindles bank

Westpac says it has ensured that Heather Scott's victims haven't suffered financial loss. Photo / Martin Sykes

The brother of a "normal" bank manager who swindled Westpac out of more than $460,000 over a 20-year period says he is shocked by her actions. Heather Scott used her management position in Alexandra to siphon money from fake accounts opened in the names of nine friends and family members, including husband Hugh Scott and brother James Walker.

The 54-year-old appeared in the Invercargill District Court on Tuesday to plead guilty to 33 charges, including 21 of dishonestly using a document, 11 of forgery and one of theft.

She is behind bars after being remanded in custody until September 24 for sentencing.

Walker described his sister as being happily married with two daughters and four grandchildren. "She didn't spend up large, not that any of us saw, anyway. It's a huge shock."

Detective Sean Cairns of the Invercargill Police said Scott had been in the banking industry for 24 years. She began offending in 1989 when she opened a credit card account under her husband's name without his knowledge.

Over the years she opened several other bogus accounts and forged signatures to access loans, the largest of them $120,000 from an account in her husband's name. Scott was discovered through an internal investigation after bank bosses grew suspicious.

She stole $463,498.80 and has repaid about $36,000 from her superannuation fund. Westpac has honoured the debt to the nine affected account holders.

Other relatives were unwilling to comment but colleagues and friends of the couple say they were "normal".

A neighbour, who wished to remain anonymous, said Scott and her husband appeared to be a "happy, regular couple".

Cairns said he could not discuss how Scott's husband had remained oblivious to her offending until after sentencing.

Westpac media relations manager Craig Dowling said the bank had taken Scott's behaviour seriously and staff had ensured victims hadn't suffered financial loss. "There is always considerable impact on people as a result of fraud, particularly in a tight community."

Westpac woes

July 2009 - Long-term customer Roger Griffiths withdraws $192,000 in $20 notes from his Westpac account after the bank refuses his mortgage application.

May 2009 - Rotorua couple Leo Gao and Kara Gao-Hurring flee the country after a Westpac employee credits Leo's account with $10 million overdraft.

May 2009 - A Napier couple find $12m mistakenly deposited into their account.

September 2006 - A blunder during a mailing campaign to 100,000 customers sees thousands of Westpac customers receive bills for credit cards they no longer had.

Source: www.nzherald.co.nz  Rebecca Lewis
http://www.nzherald.co.nz/alexandra/news/article.cfm?l_id=158&objectid=10586663&pnum=1

Bank worker close to sack

Article published: 10:03 AM Monday July 20, 2009

Bank mistake gives NZ couple millions
The couple flees overseas Bank worker says she is now set for the sack

The  Kiwi bank employee behind a decimal point blunder that handed millions to a fugitive couple is set to get the sack.

The Westpac staff member responsible for crediting a young New Zealander and his girlfriend with $NZ10 million ($8.05 million) has told a newspaper she is to be "managed out" of her job this week. Her error, in which the decimal point for a $NZ100,000 ($80,500) overdraft facility was misplaced, has proven both embarrassing and hugely costly for the Australian-owned bank. Leo Gao, who owned a failed petrol station in the tourist town of Rotorua, managed to transfer $NZ3.8 million ($3.06 million) of it into an overseas account before fleeing to China and the casino mecca, Macau, in May.

His girlfriend, Kara Hurring, business partner Huan Di Zhang and mother Lei Gao have also disappeared. A source close to the unidentified worker told New Zealand's Sunday Star-Times newspaper she was under intense scrutiny and has been put on stress leave since the incident. "She said: 'They are going to try to manage me out' and that's exactly what's happening," the source said.

The source said the mistake had been "highly, highly upsetting" for the woman, who had more than 30 years' banking experience. If fired, she was in danger of losing her house and the chances of finding another bank job in the recession were slim because "she's no spring chicken". The source said: "It's very disappointing the bank is hanging her out to dry."

"It's phenomenal she's being treated like this - mistakes like this happen all the time in the banking industry. "The only reason she's getting it in the neck is because the a---hole took off with the money." Meanwhile, Detective Senior Sergeant Mark Loper, who is heading the police investigation, said efforts to track down Mr Gao were "progressing as expected".

"We're still doing our investigations and we're getting closer," he said. But he dismissed as "media stuff" recent claims that Ms Hurring, who had an on-again off-again relationship with Mr Gao, planned to come home soon and cut a deal with police to give evidence against Mr Gao.
There have been other claims that it will be impossible to bring Mr Gao to justice in New Zealand without co-operation from Chinese authorities.

This is because there is no extradition agreements between the two nations and Mr Gao, with his millions, could be considered an attractive asset to China.

Source: www.news.com.au
http://www.news.com.au/westpac-staffer-set-for-sack-over-8m-error/story-0-1225752118421?from=public_rss

China's Great Wall of Paper

Article published: 4:00 AM Saturday July 11, 2009 
 
Great wall of paper buying fugitives time

Bank runners Leo Gao and Kara Hurring are not being pursued by New Zealand Police in China. Nine weeks after the pair fled the country with $3.8 million of mistakenly directed bank money, police are still undertaking "the legal process" required to put officers on Chinese soil.

Inquiry head Detective Senior Sergeant Mark Loper refused to comment on the specifics of the process. "We are still working through a legal process," he told the Weekend Herald. "Until the legal process is complete we cannot operate in a foreign country without some agreement."

He did not know whether Chinese authorities were actively looking for the fugitives.
The pair - whose disappearance sparked international debate about falsely awarded money - have been on the run since the first week of May.

Source: NZ Herald Rachel Tiffen
http://www.nzherald.co.nz/nz-police/news/article.cfm?o_id=131&objectid=10583815&pnum=1

End of the Road....or is it a bluff!

Article published: 1:56 PM Sunday July 5, 2009   

Police close in on accidental millionaires

Police say they are closing in on the Rotorua couple who fled the country after a banking error left the pair millions of dollars richer.

In May, Leo Gao and Kara Hurring skipped the country for Hong Kong after Westpac mistakenly credited Mr Gao's account with a $10 million overdraft when he had asked for just $100,000. Westpac said most of the money had been recovered but $3.8 million was still outstanding.

Detective Senior Sergeant Mark Loper, told the Sunday News a crucial breakthrough was imminent. "I think if you were to ring back in two to three weeks it would be closer to the time," Mr Loper said. "The investigation is ongoing."

Police have sought the help of Chinese authorities to track Gao, 29, and Hurring, 30, and secure their return to New Zealand.

Property of Gao's business partner has been seized by Westpac in its efforts to recover missing funds. Gao's Rotorua service station had been placed into receivership in May and he also owed Westpac $245,000 on a mortgage on his Rotorua home.

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10582659&pnum=1

Chasing Cops still on the case

Article published: 7:42 AM Wednesday July 1, 2009  

Hunt continues for NZ runaway millionaires

Police are still chasing the New Zealand couple who left home in a hurry after they discovered their bank had accidentally deposited $10 million into their account, instead of the $100,000 they had asked for.

Leo Gao and Kara Hurring have been on the run since May.

When Westpac accidently put $10 million in their bank account, the couple did what many only dream about: they closed up their petrol station in Rotorua and booked two flights to Hong Kong. They were spotted in Asia, but then disappeared again.

Abigail Hartevelt is a journalist at Rotorua's Daily Post Newspaper, which broke the story of New Zealand's accidental millionaires. "It was a huge story and particularly the first week. We ran it most days on the front page," she said. "People just kept on talking about it and had lots of people talking about what was the latest on these two people that had run away with millions of dollars." She says people in Rotorua are still asking what has happened to them. "We're getting a little bit of interest still, just waiting to hear," she said.













Abandoned BP Barnetts Rotorua Petrol Station

Westpac is also waiting anxiously to hear. Leo Gao and Kara Hurring got away with more than $3 million of the bank's money. 

Trail gone cold

In recent weeks, the trail appears to have gone cold. The Rotorua detective heading the investigation admitted he did not have anything new to add. The only thing he would say is that police are "hamstrung" until they get an application back from their headquarters in Wellington. He would not go into any more detail. One of the private investigators employed by Westpac is now back in New Zealand. He is also tight-lipped but did say he no longer has a contract with the bank.

Guy Underwood is the CEO of Risq, a company which specialises in tracking down fraudsters and is not surprised things are taking so long. "Had this have been a simple situation, where the money was placed into the account in New Zealand, they remained at their home abode or at their work and the funds had remained in an account, or accounts within New Zealand, this would have been well and truly wrapped up," he said.  "As soon as you start talking about funds being sent offshore, and the persons of interest fleeing the jurisdiction as well, it just multiplies tenfold the difficulties."

He says if he were a gambling man he would put his money on them being caught. "Whether or not they hand themselves in because of remorse, or whether they're talked into it, talked into doing it," he said. "But I think whilst it's a substantial amount of funds, it's not sufficient funds to disappear off the face of the earth  "And with the complex laws that are in place around the world in terms of anti-moneying law and counter-terrorism laws etc., needing proof of identity to open bank accounts etc, I'd be surprised if they're not apprehended at some stage.

"Timing could be different and it might be next week, it might be next month, it might be next year but I'd be very surprised if they're not caught."

Source: abc.net.au Kerri Ritchie
http://www.abc.net.au/news/stories/2009/07/01/2613137.htm?section=business 


The chasing group miles behind

Article published: 6:38 PM Wednesday June 24, 2009   
Slow progress in hunt for 'Runaway Millionaires

New Zealand police are still to seek help from Chinese authorities to catch the Rotorua couple who fled the country with millions of dollars Westpac Bank had accidentally deposited into their account.

Leo Gao and his partner Kara Hurring skipped the country for Hong Kong after a Westpac banking error saw $10 million transferred to businessman Mr Gao's account last month. He had asked for a $100,000 overdraft. Most of the money has been recovered but $3.8 million was still unaccounted for, Westpac spokesman Craig Dowling said today.

Detective Senior Sergeant Mark Loper told NZPA national headquarters were putting together some documents about entering into negotiations with Chinese police on jurisdictional matters. "So until that's done nothing will be progressing too much further."
New Zealand police were also working with its liaison officer in Beijing.

http://www.nzherald.co.nz/banking/news/article.cfm?c_id=126&objectid=10580510

Go Leo Go Leo…Go Kara Go Kara

Article published: Wednesday June 17, 2009  

Cashed-up New Zealand Asian pair still on the run 

The infamous cashed-up Asian-origin couple, who escaped from New Zealand, continue to prove elusive for Kiwi police.

Kiwi police say "cultural differences" are challenging their efforts to find failed petrol station owner Leo Gao and his girlfriend. Both fled New Zealand to Asia in May after Westpac accidentally deposited 3.8 million New Zealand dollars into his account. The embarrassing blunder was caused by a misplaced decimal point in a bank loan application.

Gao and Kara Hurring were sighted in Hong Kong and the gambling mecca Macau a month ago, but despite international media attention have not been seen since.

New Zealand police are clearly not predicting an imminent capture. They said on Wednesday they were still preparing a mutual assistance request to the Chinese Government, a process which has taken several weeks.

Source: Uzbekistan News.Net
http://www.uzbekistannews.net/story/509403

Natalee Ann Holloway

Natalee Ann Holloway (born October 21, 1986) disappeared on May 30, 2005, during a high school graduation trip to Aruba, a Caribbean country within the Kingdom of the Netherlands. An American student from Mountain Brook, Alabama, Holloway graduated from Mountain Brook High School on May 24, 2005, shortly before the trip. Her disappearance caused a media sensation in the United States.











  

Natalee Holloway Yearbook Portrait 

Holloway was scheduled to fly home later on May 30, but failed to appear for her flight. She was last seen by her classmates outside Carlos'n Charlie's, a Caribbean chain restaurant and nightclub in Oranjestad, in a car with locals Joran van der Sloot and brothers Deepak and Satish Kalpoe. When questioned, the three men said they dropped her off at her hotel and denied knowing what became of Holloway. Upon further investigation by authorities, Van der Sloot was arrested twice on suspicion of involvement in her disappearance and the Kalpoes were each arrested three times. Due to lack of evidence the three men were released without charge after each arrest.

With the help of hundreds of volunteers, Aruban investigators conducted an extensive search for Holloway. Special Agents from the FBI, fifty Dutch soldiers and three specially equipped Dutch Air Force F-16 aircraft participated in the search. In addition to the ground search, divers examined the ocean floor for evidence of Holloway's body. The searches were unsuccessful, and according to Aruban authorities she is most likely dead. On December 18, 2007, Aruban prosecutors announced that the case would be closed without any charges sought against the former suspects. The Aruban prosecutor's office reopened the case on February 1, 2008, after receiving video footage of Joran van der Sloot, under the influence of marijuana, making statements that Holloway died on the morning of May 30, 2005, and that he disposed of her body. Van der Sloot later denied that what he said was true, and subsequently gave Greta Van Susteren an interview (the contents of which he later retracted) in which he stated that he sold Holloway into white slavery.

Holloway's family has criticized Aruban investigators throughout the search for a perceived lack of progress in finding her.

Holloway's family called for a boycott of Aruba, which gained Alabama Governor Bob Riley's support but failed to gain widespread backing.

Special offer...Free money...just open an account at Westpac

Article published: Sunday June 28, 2009     

Forget Lotto, just bank at Westpac NZ for a jackpot

AUCKLAND: THE Westpac bank in New Zealand, which last month mistakenly transferred $NZ10 million ($8.06 million) into the account of a man who is still on the run, has been involved in another big-figure error.

The administration manager at computer firm Elite Business Systems, Graeme Richer, couldn't believe his eyes when he received a Westpac fax last week telling him $NZ4.3 million had been transferred into the firm's account by a client paying a bill. But the sum owed was just $NZ43,000. Mr Richer said the correct amount was transferred into the firm's bank account.

"We were hopeful, almost had our tickets booked to fly out to Hong Kong," he told The Waikato Times newspaper. A Westpac spokesman, Craig Dowling, said the mistake was "a typing error" on the fax. He said the most important thing was that the correct amount was transferred and that controls, including a verification process, were in place to ensure accuracy.

Last month, Rotorua couple Leo Gao and Kara Hurring skipped the country for Hong Kong after Westpac mistakenly put $NZ10 million into Mr Gao's account.

Mr Gao had asked for a $NZ100,000 overdraft. Westpac said most of the money had been recovered but $NZ3.8 million was still outstanding.

Source: The Sydney Morning Herald
http://www.brisbanetimes.com.au/world/forget-lotto-just-bank-at-westpac-nz-for-a-jackpot-20090628-d0u2.html


Catch us if you can

Article published: 6:00 AM Saturday June 6, 2009    

Fugitives still missing

The whereabouts of fugitive and accidental millionaire Leo Gao and his partner Kara Hurring is a mystery.

But police, through Interpol, have asked the Chinese Government for help, suggesting the couple are still in Hong Kong or have fled to mainland China. Gao, 29, and Hurring, 30, and her 7-year-old daughter Lena fled Rotorua a month ago after a Westpac banking blunder added $10 million to Gao's account.

Source: NZ Herald
http://www.nzherald.co.nz/china/news/article.cfm?l_id=28&objectid=10576797

D. B. Cooper

D. B. Cooper is the name attributed to a man who hijacked a Boeing 727 aircraft in the United States on November 24, 1971, received US$200,000 in ransom, and parachuted from the plane. The name he used to board the plane was Dan Cooper, but through a later press miscommunication, he became known as "D. B. Cooper". Despite hundreds of leads through the years, no conclusive evidence has ever surfaced regarding Cooper's true identity or whereabouts, and the bulk of the money has never been recovered. Several theories offer competing explanations of what happened after his famed jump, but the FBI believes he did not survive.




 






  
A 1972 FBI composite drawing of D. B. Cooper

The nature of Cooper's escape and the uncertainty of his fate continue to intrigue people. The Cooper case (code-named "Norjak" by the FBI) is the only unsolved U.S. aircraft hijacking, and one of the few such cases anywhere in the world, along with Malaysia Airlines Flight 653.

The Cooper case has baffled government and private investigators for decades, with countless leads turning into dead ends. As late as March 2008, the FBI thought it might have had a breakthrough when children unearthed a parachute within the bounds of Cooper's probable jump site near the town of Amboy, Washington. Experts later determined that it did not belong to the hijacker.

Despite the case's enduring lack of evidence, a few significant clues have arisen. In late 1978 a placard containing instructions on how to lower the aft stairs of a 727, later confirmed to be from the rear stairway of the plane from which Cooper jumped, was found just a few flying minutes north of Cooper's projected drop zone. In February 1980 on the banks of the Columbia River, eight-year-old Brian Ingram found $5,880 in decaying $20 bills, which proved to be part of the original ransom.

In October 2007, the FBI claimed that it had obtained a partial DNA profile of Cooper from the tie he left on the hijacked plane. On December 31, 2007, the FBI revived the unclosed case by publishing never-before-seen composite sketches and fact sheets online in an attempt to trigger memories that could possibly identify Cooper. In a press release, the FBI reiterated that it does not believe Cooper survived the jump, but expressed an interest in ascertaining his identity.

Westpac…. A model of competence….NOT

Article published: Monday June 1, 2009    
 
Bank bungle: tip-off vital as checks fail

Westpac was unaware it had mistakenly given a Rotorua account holder access to $NZ10 million until it received an anonymous phone tip. By then more than half the money had been withdrawn from the account and Leo Gao, 29, his girlfriend Kara Hurring, 30, (also know by the last name Yang), and Gao's business partner, Huan Di Zhang, had fled the country.

On Saturday night, Hurring's mother, Suzanne Hurring, was still unsure where her daughter and Gao and the missing millions had gone, as police continue their international search. She declined to comment on the case, saying there were no developments.
 
Last week Kara Hurring's sister Aroha, who had joined the runaways abroad, returned to Auckland airport, where she was intercepted and questioned by police.

The 22-year-old had charted the group's trip through Hong Kong, Macau and China on her now deactivated Facebook page. Police also revealed that Hurring and Gao were likely to avoid theft charges and instead face charges relating to the access and use of a computer.Police were yesterday finalising a formal assistance request to the Chinese government. News that the error was uncovered because of an anonymous tip-off rather than detection work by the bank itself has startled bank industry insiders.

"Clearly we're dealing with a whole litany of errors rather than one simple mistake," one insider told the Sunday Star-Times. A manager at another trading bank, who asked that her name and bank be withheld, said a mistake of that magnitude would normally be picked up.

"Warning bells get sent, anything that's out of the ordinary, anything in a person's account that's a bit different will get picked up by the Wellington office straight away, probably the next morning." The question remains then how did a simple error with a decimal point go undetected long enough for $NZ6.7m to be transferred out of the account, nearly $NZ4m of it irreversibly? Westpac is saying little but has confirmed the first error was made in early May during the "formalising" of a temporary overdraft facility, with a limit of up to $NZ100,000.

Sources have told the Star-Times a long-serving bank employee processing the debt facility from the bank's offices in Christchurch missed out the decimal point when entering the figure on her computer. In fact, a computer system flag was raised at the bank some time later over the size of the overdraft and a conversation did take place about it between the bank employee and her manager, but in an apparent case of miscommunication the matter was put aside and the error was not corrected.

It is not unusual for Westpac's business customers to transfer large sums of money so the initial transfers made from the account probably went largely unnoticed. While most banks are alerted about transactions on personal accounts involving sums of more than $NZ50,000, large transactions are an everyday occurrence in the corporate world.

In addition, the company name on the bank account, Heights Service Ltd, would have given anyone scrutinising activity on the account no clues the account holders were in fact running a small struggling service station in Rotorua. Gao may have made some cash machine withdrawals, but most banks limit the size and number. Westpac customers have a daily limit of $NZ1500 from an ATM and a daily eftpos card limit of $NZ10,000. Some banks allow unlimited cash withdrawals for face-to-face transactions at a branch, but it is unlikely Gao would have risked it. It is more likely he moved the money around using bank wire transfers. All he would have had to do is instruct the bank to transfer a certain amount of money to nominated bank accounts.

Westpac would have transmitted a message to the nominated banks, using a secure system such as SWIFT or Fedwire. In a peak day, 8.8 million messages are exchanged between banks and financial institutions using this network. A message sent over the SWIFT network would arrive at its destination, authenticated and encrypted, in just a few seconds. The bank handling the transfer needs only the sender's bank account number, the name of the recipient of the funds, the recipient's account number and details of the branch where the account is maintained. The actual transfer is not instantaneous: funds take several hours or even days to move from the sender's account to the receiver's account.

But bank industry insiders say that as the money being transferred was probably "authorised funds" the receiving banks would most likely have cleared the money quickly. It would have then been relatively simple for the funds to then be moved around in a series of fast-paced and seemingly legitimate transactions.

It was only when Westpac became aware the funds in the account were there by the mistake that steps were taken to retrieve money being transferred. Westpac did manage to recall $NZ2.8m of the $NZ6.7m transferred most likely by making an urgent approach to the recipient bank by phone or email but for $NZ3.8m of the mislaid money, it was too late.

Source: www.smh.com.au stuff.co.nz
http://www.smh.com.au/world/bank-bungle-tipoff-vital-as-checks-fail-20090601-bs22.html


Westpac balls up again

Article published: 7:00 PM Friday May 29, 2009  

Hong Kong Court Rescinds Freeze of 'Runaway Millionaire' Funds
A Hong Kong court rescinded two orders freezing the funds of a fugitive New Zealand gas-station operator mistakenly granted a NZ$10 million ($6.3 million) overdraft facility by Westpac Banking Corp., including a deposit with Wynn Resorts Ltd.

Leo Gao’s gas station was given the larger facility instead of a NZ$10,000 overdraft and he transferred NZ$6.73 million to accounts in China and Hong Kong including with Wynn International Marketing Ltd., which runs a casino in Macau, Deputy High Court Judge Ian Carlson said in a May 25 ruling.

Westpac New Zealand Ltd. had won freezing orders in a New Zealand court against Gao, his brother and mother, the gas station, and Wynn, Carlson said. The Hong Kong court ordered a freeze under a reciprocal agreement, and “regrettably,” Wynn’s Hong Kong bank Dah Sing Banking Group Ltd. suspended the company’s entire account, rather than the specific amount of HK$3.71 million, he said.

This caused Wynn “considerable losses and damaged its reputation,” Carlson said in his ruling, which discharged two freezing orders on a procedural basis. Wynn International is a unit of the casino company founded by Stephen Wynn.

“Wynn will be looking to recover its costs of successfully discharging the earlier orders made by Deputy Judge Carlson,” said Nicholas Hunsworth, a lawyer from Hong Kong firm JSM representing Wynn International.
Westpac’s Lawyers

Damien Laracy, of Westpac’s Hong Kong lawyers Laracy Gall, declined to comment. Craig Dowling, an Auckland-based spokesman at Westpac, didn’t reply to voice mails left on his mobile after normal office hours seeking comment.

Derek Wong, managing director of Dah Sing Bank, wasn’t immediately available for comment.
The station run by Gao, dubbed the “runaway millionaire” by New Zealand media, has been shut down and he, his brother and mother have fled New Zealand and are being sought by a number of police forces, according to the Hong Kong ruling.

New Zealand police are preparing a mutual assistance request to the Chinese government, the New Zealand Herald reported May 27.

Judge Carlson said in his ruling that the court’s erroneous orders were identified and rectified within 48 hours. Instead of a freezing of the funds under the reciprocity rule, Westpac should have sought a domestic injunction embracing both Wynn and the bank “where the ill-gotten funds lie.”

The case is between Westpac New Zealand Ltd. and Gao Hui (also known as Leo Gao), Heights Service Ltd., Zhang Huan Di, Gao Lei, Wynn International Marketing Ltd., HC 27/2009, Hong Kong Court of First Instance.

Source: Bloomberg
By Chia-Peck Wong

Richard Bingham - Lord Lucan, 7th Earl of Lucan

Richard John Bingham, 7th Earl of Lucan (born 18 December 1934), known as Lord Bingham before 1964, sometimes colloquially called "Lucky" Lucan, disappeared in the early hours of 8 November 1974, following the murder of Sandra Rivett, his children's nanny, the previous evening. There has been no verified sighting of him since then.

On 19 June 1975, an inquest jury named Lucan as the murderer of Sandra Rivett, the last time that an inquest was allowed to name the person they suspected of committing such a crime. He was presumed deceased in chambers on 11 December 1992 and declared legally dead in October 1999.  




Early life 

Bingham was the eldest son of George Charles Patrick Bingham, 6th Earl of Lucan and his wife, Kaitlin Elizabeth Anne Dawson. He had two sisters and one brother. He was educated at Eton College and served as lieutenant in the prestigious Coldstream Guards. A compulsive gambler through his adult life, Bingham accrued significant debts.

On 28 November 1963 Bingham married Veronica Mary Duncan, daughter of Major Charles Moorhouse Duncan,MC. They had three children: Frances (born 24 October 1964), George Charles (born 21 September 1967), and Camilla (born 30 June 1970).

On 21 January 1964 Bingham's father died and he succeeded to the earldom. In early 1973, Lucan and his wife separated; the three children lived with their mother. In September 1974, Lady Lucan engaged Sandra Eleanor Rivett (born 16 September 1945) as a nanny for the children.

Disappearance

At 21:45 on Thursday, 7 November 1974, Lady Lucan burst into the Plumber's Arms, the pub nearest to her house, appealing for help. She had blood flowing from several wounds on her head and reportedly said: "Help me, Help me, Help me, he's in the house, he's murdered my nanny".

The police were summoned, and arrived at the Lucans' home 15 minutes later, forcing open the front door. They found a bloodstained towel in one bedroom and a large pool of blood with a man's footprints on the floor of the basement. They searched the basement and discovered broken crockery and walls splashed with blood. They found a canvas mailbag inside which was the body of Sandra Rivett, who had suffered head wounds. They also found a bloodstained length of lead pipe wrapped in surgical plaster. The bulb had been removed from the basement stairs light fitting and was resting on a chair.

Lady Lucan's statement

The Countess of Lucan gave a statement from the hospital in which she named her husband as the attacker. According to her account, whilst she was watching "Mastermind" on television, Sandra Rivett had put her head round the door and asked Lady Lucan if she would like a cup of tea. This was unusual, but Rivett went downtairs to the kitchen at around 20:55 to make some tea. The 9 o'clock news came on soon after this and, after about a quarter of an hour had passed, Lady Lucan began to wonder what had happened to the tea. Lady Lucan went to look for her. The basement was dark and, when she called Rivett's name, a man emerged from the cloakroom and hit her with a heavy object. She screamed, and when he told her to"Shut up", she recognised her husband's voice. The attacker shoved three gloved fingers down her throat to silence her. She managed to calm him and he ceased his attack; they both collapsed on to the stairs. Lady Lucan asked him where Rivett was and Lucan, after some prevarication, said that she was dead. They went upstairs to the second floor bedroom where Frances was still watching television. He sent her to bed and switched off the television. Then Lord Lucan went into the bathroom to get a cloth to clean up her face. Upon hearing the taps running, Lady Lucan seized her opportunity to flee from the house and ran to the Plumber's Arms pub in Lower Belgrave Street.

Lady Lucan's statement differs from that of her ten year old daughter, Frances, who had been watching television with her mother. Her statement was taken by a WDC in Cornwall several days after the event. Roy Ranson described her statement as "always slightly muddled" and didn't know how much reliance he could place on it.

Lucan phone calls

At around 22:00, Lucan's friend Madeleine Florman, who lived nearby in Chester Square, was wakened by someone ringing her doorbell. She ignored it, blaming local youths, and 20 minutes later received a phone call from an agitated Lord Lucan, who soon hung up. Police later found bloodstains on her doorstep.

A few minutes after he called Florman, Lucan called his mother and told her that he had been passing his wife's house by when he noticed a fight going on inside. He said Lady Lucan had been injured and there was a lot of blood. "There was something terrible in the basement," he said. "I couldn't bring myself to look." He asked her to go to 46 Lower Belgrave Street to look after his children, then hung up.
 
Maxwell-Scotts

Lucan drove 68 km (42 mi) to the house of Ian and Susan Maxwell-Scott, his friends in Uckfield, Sussex. He drove a Ford Corsair he had borrowed from a friend while his own Mercedes was being repaired. He found Susan Maxwell-Scott home alone. He related an expanded version of the story he had told his mother, claiming that after seeing the fight he had entered the house and gone to the basement, where he had slipped on a pool of blood. The assailant had already fled. He also said Lady Lucan had cried out that the man had killed Rivett and had accused Lucan of hiring the man to kill her.

Lucan used Susan Maxwell-Scott's phone to call his mother, who told him his children were safe at her flat and asked him if he wanted to talk to the policeman who was with her. He replied that he would call the police in the morning.

Before leaving, Lucan tried to ring his brother-in-law, Bill Shand Kydd, but could not reach him. He wrote two letters to him, which he gave to Susan Maxwell-Scott to post, then left at 01:15. He has not been seen since.
 
Investigation

The following Monday, 11 November 1974, the Ford Corsair was found abandoned in the south coast at Newhaven. There were bloodstains in the front seat, and in the boot a length of lead pipe wrapped in surgical plaster was found matching the one in the Lucans' basement.

It was not until five days after the murder that a warrant was issued for Lucan's arrest. The story as it appeared in the newspapers focused on Lucan's disappearance and did not mention the possibility that he might have been the killer.
 
Obstruction

Lucan's relatives and friends were united in the belief that he was innocent and acted more quickly than the police. The day after the murder, John Aspinall organised a lunch for Lucan's friends, where they discussed how they could help Lucan when he reappeared. The police were later to accuse the "Clermont Set" (as they were named by the media) of obstructing their investigation.

Susan Maxwell-Scott did not immediately report Lucan's late night visit to her. When her husband, Ian, returned to Uckfield on Friday evening, she told him what had occurred. On Saturday morning, he rang Bill Shand Kydd and told him that Lord Lucan had written two letters to him, addressed to his London house in Cambridge Square. Shand Kydd then rang his London home and was told that two letters with Uckfield postmarks had been delivered that morning. He immediately drove to London and, after reading them, gave the letters to the police.
 
Inquest

In June 1975, the official inquest into Sandra Rivett's death was held. Bill Shand Kydd read out the two letters he had received from Lucan. In the first, Lucan repeated his story of interrupting a fight in the house and said that his wife would blame him, adding that she had demonstrated her hatred of him in the past and would do anything to see him accused. The second letter dealt with a planned auction of some of the family silver, and Lucan asked that the proceeds be used to clear his bank overdrafts.

The Queen's Counsel, acting for Lucan's mother, talked up Lady Lucan's alleged hatred of her husband, but forensic evidence supported her account. The blood found in the basement had been mainly Group B (Sandra Rivett's group), while that found on the basement stairs was mainly Group A (Lady Lucan's group), and both types had been found on the lead pipe. There was no evidence of another assailant.

On June 19, the inquest jury took just half an hour to reach their verdict, naming Lord Lucan as the murderer of Sandra Rivett. He was the last person ever to be declared a murderer by an inquest jury, shortly before the procedure was outlawed by the Criminal Law Act 1977.
 
2004 investigation

In October 2004, the Metropolitan Police reviewed the case to examine the existing police evidence using modern DNA profiling. Police also prepared a computer-generated image of how Lucan might have looked if he were still alive (he would have been 69 years old) using "age-progression" software.

The review, codenamed "Operation Abberton", was led by Detective Superintendent Lewis Benjamin of Scotland Yard. Benjamin said that he believed Lucan was helped by friends to escape from Britain and began a secret life abroad.

However, the DNA testing failed to provide any conclusive evidence.
 
Legal case against Lucan

In an article published in ES Magazine in November 2009, reporter Keith Dovkants claims that had Lucan ever been captured it would be quite likely that a trial jury would have found him "not guilty" of Sandra Rivett's murder. He based this conclusion on claims made by Detective Chief Inspector David Gerring, who, with Detective Chief

Superintendent Roy Ranson, had led the original investigation, and lawyer James Harbridge. The argument is that inconsistencies in the evidence would have enabled a good defence barrister to produce enough reasonable doubt to get Lucan acquitted. These include the claim that :

* although the basement light bulb had been removed, it was still not dark enough for Lucan to mistake Rivett for his wife;

* the doorman at the Clermont Club claims to have seen Lucan outside the club at 2045, but Lucan's 10-year-old daughter, Frances, claims that it was before then that Rivett went to the basement and was attacked;

* there are also inconsistencies in the timing given by Frances and her mother : Lady Lucan testified to have gone looking for Rivett at 2115 but Frances claims that the time was 2055 and that she saw her parents together at 2105 (after Rivett's murder). Frances based some of her estimates on the timing of TV programmes she had been watching but significantly not on her estimate of going downstairs to her mother's room which she gave as 8.40 pm.

* Frances also claims to have seen no bloodstains on her father's clothing, whereas expert witnesses state that whoever smashed Rivett's skull in would have been covered in blood.

* Although Lady Lucan, convinced of her husband's guilt, described Frances as "not a very bright ten year old", Gerring believed that her evidence would have been invaluable to a defence lawyer and that it may have been enough to clear Lucan, even though Gerring himself was certain of his guilt. The defence could also use the same argument that Lucan gave Mrs Maxwell-Scott for going on the run: that his wife's hostility would be enough to have him accused of the murder.

Theories
 
Official version 
The official version of events as assembled by the police was that Lucan had acted alone.[citation needed] He had intended to murder his wife, and in the darkened basement had mistaken Sandra Rivett for Lady Lucan (they were the same height and of similar build).
 
Alternative theories 
Others have chosen to believe Lord Lucan's story, that he interrupted an attack on someone else. As he was the only person with a known motive to kill Lady Lucan, and no-one has offered any reason for Rivett to be a target, it has been suggested that the attacker was a burglar. However, while a burglar could have killed Rivett, there seems no reason for him to wait 20 minutes to then attack Lady Lucan. This theory also fails to explain why a length of lead pipe matching the murder weapon was found in the car driven by Lord Lucan.

In his book, Trail of Havoc, author Patrick Marnham suggested that Lucan hired a hitman. He noted that the Lucans' daughter Frances put the events of the night 20 minutes earlier than her mother, using the beginning and end times of certain TV programmes as reference points. If Frances' timetable was accurate, Lucan would not have had time to return to the house from the Clermont where he was seen earlier that evening. However, a professional killer would be unlikely to use a lead pipe as a weapon, which led Marnham to suggest the killer hired by Lucan was unable to perform the murder and sent a last-minute replacement who bungled it.
 
Reported sightings

Since his disappearance, many alleged sightings of Lucan have been reported from all over the world, but police have drawn a blank in their efforts to find the runaway aristocrat. In December 1974, police in Australia arrested a man they believed was Lucan but who was in fact the British MP John Stonehouse, who had faked his suicide a month earlier.
 
Johannesburg Jeff

During the 1990s Lucan was allegedly sighted in South Africa. In 2007, the Daily Mail suggested this was a mistaken identity of a man nicknamed Johannesburg Jeff.
 
John Aspinall's comments

During a 1990 interview, John Aspinall said, "I'm more of a friend of his after that than I was — though I haven't seen him — because if he wanted me to do something, I'd do it for him," which the interviewer interpreted as a slip of the tongue suggesting that Aspinall had had some contact with Lucan even after the murder..

Shortly before his death in 2000, Aspinall gave an interview in which he re-stated his opinion that Lucan had committed suicide by scuttling a boat that he kept at Newhaven. Aspinall said he had no doubt that Lucan had mistakenly killed the nanny, having intended to kill his wife, and had then killed himself out of shame.
 
Barry Halpin

In September 2003, a book titled Dead Lucky: Lord Lucan, The Final Truth, written by Duncan MacLaughlin, a former Scotland Yard detective, claimed to have solved the mystery of Lucan's disappearance. The author claimed that Lucan fled to Goa, India, arriving there a year after Rivett's death. The book includes photos taken there in 1991 of a man who bears a resemblance to Lucan. The man, who died in 1996, was known in Goa as Barry Halpin (or, according to the book, "Jungle Barry").

However, these claims were almost immediately dismissed. BBC Radio 2 presenter Mike Harding said in a letter to The Guardian newspaper that he knew Barry Halpin from his days as a folk musician in Liverpool in the 1960s, and that he had gone to India "as it was more spiritual than St. Helens".

Given the extremely rapid debunking of the claims, The Sunday Telegraph, which serialised part of the book, was embarrassed in a manner reminiscent of The Sunday Times' publication of the bogus Hitler Diaries. The book was reprinted a year later in paperback entitled The Lucan Conspiracy (to much less press interest) with one additional final chapter, and displaying the tagline: How the Establishment Conned the World into Believing Lord Lucan Was Barry Halpin.
 
New Zealand sighting

In August 2007, the Auckland-based New Zealand Herald reported that former Scotland Yard detective Sidney Ball was following up claims that Lord Lucan was living in an old Land Rover outside the township of Marton, apparently with a pet possum, cat and a goat. Mr Ball says neighbours of the man, Roger Woodgate, were convinced he was Lord Lucan but said he couldn't discuss the case further until his investigation was complete. The man is said to have an upper-class English accent and may be receiving income from property interests in the UK. Roger Woodgate denies being Lord Lucan, insisting he was a photographer working for the Ministry of Defence who had left the UK five months before Lord Lucan vanished. Mr Woodgate also claims to be 10 years younger than Lord Lucan and is five inches shorter.
 
Probate

The 7th Earl of Lucan was presumed deceased in December 1992 in Chambers. The trustees of the 7th Earl of Lucan's Settled Estates were then granted an order known as "the 1992 Order" which enabled them to administer the 7th Earl's estate on the footing that the 7th Earl was dead and were further granted leave to apply to the Family Division to swear death. This enabled Lucan's son, George Bingham, Lord Bingham, to become the beneficiary of the Lucan Settled Estates. There is nothing to prevent Lord Bingham from styling himself the 8th Earl of Lucan, although he could not become a member of the House of Lords. In August 1998, Lord Lucan's son gave an interview to a national newspaper in which he said that five years ago he had obtained an order from a Chancery Court which does everything in law that can be done to treat a man as dead - so from that moment forward, given no disputed claim, he had succeeded to the title and also said that it was his intention to use it. He further stated that the Metropolitan Police had given a statement which testified to their belief that the 7th Earl is not alive and that none of the sightings in the past 24 years has been given any credence.

The High Court of Justice granted probate on his free estate in August 1999. The net value remaining amounted to less than £15,000.

The Countess of Lucan (Lady Lucan) has publicly stated since 1987 that she believes her husband to be dead, and sometimes uses the prefix 'dowager' to indicate this.