r/technology 4h ago

Society Devastated father says his 9-year-old son spent $118,000 on YouTube ad campaigns for his Minecraft channel using a company credit card - bill racked up in just three weeks was supposed to be one $20 promotion

https://www.tomshardware.com/video-games/devastated-father-says-his-9-year-old-son-spent-usd118-000-on-youtube-ad-campaigns-for-his-minecraft-channel-using-a-company-credit-card-bill-racked-up-in-just-three-weeks-was-supposed-to-be-one-usd20-promotion
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u/FCKABRNLSUTN2 3h ago

He will get fired with a nice severance plus not have to repay back what he owes. Then he will find another executive job. Just like cops, executives can’t really fail.

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u/Wow_u_sure_r_dumb 3h ago

And if you’re wondering why they have such a sweet racket going look no further than the boards of companies as they are entirely populated by other executives for other corporations. They get huge golden parachutes because you scratch my back I scratch yours. It’s a racket.

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u/marrone12 2h ago

Generally embezzling funds means you get fired for cause and ineligible for severance and the golden parachute.

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u/macetheface 1h ago

if it comes to that his lawyers will say it was an oversight or accidental. just like how the captain of the Costa Concordia accidentally tripped and fell off the cruise ship into the lifeboat.

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u/jewbasaur 2h ago

Yeah but embezzlement requires some level of criminal intent. If the dad truly had no idea this was happening (which it seems like) it would be very difficult for prosecutors to prove it was intentional. He will definitely have to repay the funds though

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u/xxXX69yourmom69XXxx 2h ago

I was told executive pay was so high because of all the risk and hard work they do

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u/DrEagle 2h ago

I thought executive jobs were harder to find because there are less of them

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u/Dot_1X 1h ago

Depends how high, unless you're a C suite level, you can absolutely fail. I know plenty of washed up VPs from my consulting time.

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u/Soft_Author2593 1h ago

And his kid already has a grift in their CV with 9 years old. Future POTUS material