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Devastated father says his 9-year-old son spent $118,000 on YouTube ads

58 points · 77 comments · vanburen

  1. joshstrange · · focus · HN ↗
    The craziest part of this story, for me, is it was on the dad’s _company_ credit card. Which might not be as surprising except the reason it was already on file is because the dad used his company’s (not _his_ company, the company he works for as an employee) credit card to buy Roblox for his son previously.

    Is this common? I’ve had access to company credit cards before on a one-off basis (never in my name). Do people legitimately make this mistake? “oops, I put it on the company cards”?

    1. fps-hero · · focus · HN ↗
      Small business, but basically everyone gets a card. We do not have a procurement department, so we are responsible for our spending. The card is in our name so we would be legally responsible for any purchases made using it.

      It helps reconcile purchases orders, and on the accounting side for purchases that aren’t directly attributable to something we track in the ERP.

      The dangerous part is effectively it’s tied to virtually unlimited credit without oversight, but it’s a serious criminal offence to miss use it so no one is going to purposely use it for personal expenses (embezzlement/fraud).

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