A 21-year-old woman was arrested at Sydney Airport as she tried to flee the country after having reportedly spent millions that were wrongly transferred to her account, on handbags and luxury goods.
Christine Jiaxin Lee mistakenly received the amount of $4.6 million into her Westpac bank account as an overdraft, four years ago.
Instead of reporting the mistake to the concerned authorities, she took advantage of the slip-up and allegedly used the money to purchase 'luxury goods'.
The chemical engineering student was attempting to flee to Malaysia when she was picked up by Australian Federal Police at Sydney Airport on Wednesday night.
The woman who still allegedly owes $3.3 million to her bank, appeared at Waverley Local Court on Thursday after being charged with dishonestly obtaining financial advantage by deception and knowingly dealing with the proceeds of crime .
It was revealed to the court that she knew police were attempting to make contact with her and therefore obtained an emergency Malaysian passport in order to leave the country.
Court documents showed that she is alleged to have committed the offences on multiple occasions between July 2014 and March 2015.
She was granted bail for $1,000 and faces strict bail conditions, with Magistrate Lisa Stapleton agreeing with the prosecution that her attempts to flee Australia meant that she posed a flight risk.
The woman, who claimed to have obtained the emergency passport because she had lost her original one, will not be allowed to enter any international airport or port and has to report to police twice daily.
She is also not allowed to apply for another passport.
The woman who has resided in Australia for the past five years, currently lives with her boyfriend at Rhodes in Sydney's north-west.
She is three years through a four-year chemical engineering degree but has deferred her final year.
The woman is due to appear at Downing Centre Local court on June 21.