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Saturday, February 25, 2012

'Runaway millionaire' bailed to Auckland address

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Source: stuff.co.nz


A man nicknamed the "runaway millionaire" has been bailed to an Auckland address.

Leo Gao, 31, allegedly fled to China after $10 million was mistakenly deposited into his Westpac bank account in 2009.

He applied for electronically-monitored bail at the High Court at Auckland today.

Justice Murray Gilbert granted Gao bail to an Avondale address, with a number of conditions including a 24-hour curfew.

Details of the legal arguments were suppressed by the Court.

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