"Rawnoc" explains how JBI, Inc. CEO earned his "Honest John" title

"Rawnoc" comments on how John Bordynuik, JBI, Inc. CEO, came to be called "Honest John" in news articles. Many skeptics have been questioning this "Honest John" moniker, saying that in fact Mr. Bordynuik originally "hacked" into the ATM banking system and should be prosecuted. Rawnoc wants to set the record straight once and for all.

Rawnoc states:
Actually he was 20 at the time. What happened was he went to the ATM to get $5 for gas and $400 popped out. He was like WTF? Hit it again and another $400 popped out. He then realized there was a bank error and a huge deposit was made into his account by accident since he knew he only had $6.77 in his account. He tried transfering $95,000 from his checking to his savngs account and it went through. He kept doing it over and over again dumbfounded by how much was ALREADY in his checking account.

Hacked into the banking system? Puh-leaze. It was put into his account by mistake already and came from somebody else's account. The bank spent a week trying to figure out where it came from and they couldn't find any missing money from other accounts for over a week and kept insisting it must be his then until they finally found where the missing money was. In the mean time, John had walked into the bank and was insisting that he never made any deposits that large into his account and not only to take back the $1.2 million but handed over the $800 cash, never spending a dime of it.

Would he have been prosecuted? Hell no. He woke up one day and there was $1.2 million in his account. Maybe he thought eventually they'd figure it out so why bother even attempting to keep it, but what college student would have returned the $800 in cash ontop of that especially when that college student only has $6.77 to his name and beer on his mind? I would have given the $1.2 million back too, but when I was 20? I probably would have at least asked to keep the $800 as a reward....shit lol

Now those are the details from one published article that I read. There were probably more details involved as to why they called him "Honest John" and my guess is that it had something to do with returning the $800 cash more so than the $1.2 million. I'm quite certain he could have gotten away with the $800 cash and certainly wouldn't be prosecuted for it. But maybe it was for the $1.2 million.....he could have just not said a word and just hope nobody catches on because he had NO RISK of prosecution since he didn't put that cash in there. Hacked in? LOL.......not quite. In fact, not even remotely.

Honest John earned his name that week.