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Broke barman reveals how an ATM hack let him withdraw £1MILLION which he blew in FOUR months on a playboy lifestyle - but he has no regrets despite serving a year in jail • Dan Saunders discovered an ATM glitch which let him withdraw huge sums • Over the course of four months in 2011, Saunders took out almost £1million • Shockingly, his bank didn't notice and he blew the cash on a playboy lifestyle • He felt so guilty that he confessed to the bank but it was years before the law caught up with him By Published: 20:31 GMT, 17 December 2018 Updated: 08:25 GMT, 18 December 2018. A broke barman has revealed how he felt like a 'caveman discovering fire' when he stumbled across a way to take almost a million pounds out of a dodgy cash machine – before he blew it all on a playboy lifestyle. Dan Saunders was 29 when he came across a glitch in an ATM machine that allowed him to take out cash using his credit card without being charged in February 2011. Saunders, from Wangaratta, Australia, then went on a massive spending spree over the course of four months – buying flights on private jets, trips to private islands and even high class escorts – after withdrawing almost £1million.

He eventually felt so guilty and suffered panic attacks that he turned himself in and served a year in jail. Despite the law catching up with him in the end, Saunders told thethat he has no regrets. Despite the apparent lack of cash left, Saunders is content with the amazing memories he has He had been on a night out when his card was declined as he tried to buy a round of drinks. So Saunders – who at the time was earning £500 a week as a barman - headed to an ATM machine. Even though his account only had £3, he clicked to withdraw £100 anyway – and it worked. A glitch meant that he was able to withdraw money from his credit card without being charged when the machines were 'offline' between 12am and 1am.

The law did eventually catch up and Saunders spent a year behind bars for obtaining money by deception and was also fined $250,000 And shockingly, his bank didn't notice. So Saunders began splashing the cash – buying drinks for his friends, eating at the best restaurants and throwing raucous parties. As his account slipped further into the red, he resolved to stop when the bank put a stop to his antics – but they never did. He tried to win the money he had spent by gambling but before long, he'd lost his job for gambling while on duty and been dumped by his girlfriend.

But he'd become accustomed to living the high life so he continued. Dan Saunders, 29 at the time, splashed $1.6 million on expensive alcohol, trips to private islands and lavish shopping sprees 'People who think you've got money, they treat you differently,' he said, adding that cash especially attracted the opposite sex. So he continued to flaunt his supposed wealth – splashing out on five-star hotel stays, Hugo Boss suits and high-end escorts.

In April, he flew two escorts by helicopter to the Blue Mountains on Australia's east coast to stay at a resort costing more than £1,000 a night. But his most extravagant purchase was for a 20-seat chartered jet to a private resort island near Bali, which cost almost £50,000. He also spent some of the cash on altruism, paying off tuition fees for friends and paying for one to study in France.