Published: Sat, December 10, 2016
Business | By Max Garcia

Man blows $1M on cars, strippers and cocaine after bank glitch

Man blows $1M on cars, strippers and cocaine after bank glitch

Moore, who was £5,300 in debt at the time, treated himself to luxury holidays, a £54,000 Aston Martin, a £21,000 Maserati and a £32,000 boat.

He enjoyed wild parties after jetting to Thailand and the Gold Coast and even purchased a Banksy artwork, a signed Michael Jackson record and a Michael Jordan basketball jersey.

Moore was jailed in 2015 and handed four years for obtaining a financial advantage by deception and three years for dealing proceeds of crime.

Yet after arguing that his actions were not deceptive, he won an appeal against his conviction last week.

He is now broke and living with his mother in Goulburn, New South Wales, ironically while studying to become a criminal lawyer (lol). And heavily in debt to the bank.

A back-to-normal Moore said that the millionaire lifestyle wasn't worth the hype anyway and it's not something he misses, with the exception of "the cocaine, the strippers, and fast cars".

What's the adage? Buy low and sell very very high.

He said he is "still readjusting to real life" and would no longer want to drive around in flashy cars.

The law student bagged the free cash after opening a Complete Freedom account with St George in March 2010.

'With age comes wisdom and confidence and I've learned money doesn't buy everything - but it was great while it lasted'.

After making a handful of payments on his home loan, Moore gradually began spending like Richie Rich, buying Alfa Romeo and Maserati cars, a speedboat and a bunch of valuable pop culture paraphernalia.

"Would I do it again? No".

Luke Moore: "And these are some of the trinkets I bought along the way..."

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