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Thief Steals $2M, Gives a Third Away

'I don't regret having done this'
By Arden Dier,  Newser Staff
Posted May 31, 2017 10:30 AM CDT

(Newser) – A Chinese man stole almost $2 million, then spent more than a quarter of that amount on tips for female hosts of livestreaming websites. The 21-year-old online software vendor from Guizhou province—identified only by his last name, Hu—stole $1.9 million from video website Youku Tudou after he discovered a vulnerability in the site's payment system that allowed him to make more than 100,000 fraudulent refunds between November 2015 and April 2016, reports the South China Morning Post.

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He paid off some of his father's debts, dedicated cash to his own entertainment, and saved about $440,000, reports the Post. The remainder, however—some $586,000—went to more than 40 female hosts on livestreaming websites in the form of gratuities. "Although I'm sorry to Youku, I don't regret having done this," Hu told a court in Beijing after pleading guilty to theft, per Time. "I've learned a lot, which I feel is worthwhile. I now also look at society differently." He was sentenced to 15 years in prison. (Read more theft stories.)

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