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Charges dropped against student who blew $4.6 million on luxury goods after Westpac bungle

Christine Jiaxin Lee hit the headlines last year for splurging $4.6 million after Westpac accidentally gave her an unlimited overdraft.
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Student Christine Jiaxin Lee hit the headlines last year for splurging $4.6 million after Westpac accidentally gave her an unlimited overdraft.

The 21-year-old from Rhodes, in Sydney, spent the eye-watering sum on designer handbags, jewellery and clothes from luxury brands like Hermes, Cartier, Chanel and Dior.

She reportedly splurged $220,000 at the Christian Dior store in Sydney in a single day.

Between July 2014 and April 2015, Lee allegedly overdrew on numerous occasions, totalling $4,653,333.02.

The bank noticed the monumental error in April 2015 and demanded she account for the missing money – she claimed she thought the money was from her parents.

Lee was intercepted by federal police at Sydney airport when she tried to board a flight to Malaysia.

Reactions ranged from sheer outrage to near admiration she’d managed to splurge so much money.

Some of Lee’s designer swag.

Charges have been dropped against Christine Jiaxin Lee.

The chemical engineering student allegedly realised she had an unlimited overdraft in July 2014.

Police seized luxury items from Lee’s apartment in the Sydney suburb of Rhodes, including Hermes bags, Cartier jewellery and Christian Louboutin boots.

Post continues after video: Belle Gibson ‘liar and fraud’

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A Westpac spokesperson said in a statement: “Westpac has taken all possible steps to recover its funds, including taking civil action against Ms Lee.

“The criminal charges against Lee were a matter for the Director of Public Prosecutions (DPP) and Police, and we respect their decision.”

Is it wrong we really want to know if she got to keep any of the designer swag?!

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