Guy Spent $1 Million in Embezzled Cash on an iPhone Game
If I were ever going to steal seven figures, I guarantee I would spend it better than this guy.
45-year-old Kevin Lee Co got a job in the financial department of construction equipment company 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 mobile game "Game of War". That's one of those strategy games that are free to download but charge you to buy upgrades. They had that Super Bowl commercial with Kate Upton last year.
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.
Read more at Ars Technica.