Tags: game of war | 1m | stolen | money

'Game of War': $1M in Stolen Money Used on Game's In-App Purchases

Image: 'Game of War': $1M in Stolen Money Used on Game's In-App Purchases

Kevin Lee Co spent $1 million in stolen money on the app "Game of War."

By    |   Tuesday, 13 Dec 2016 06:59 AM

A Sacramento, California, man spent $1 million on in-app purchases for "Game of War" while stealing nearly $5 million from his employer more than a decade.

Kevin Lee Co, 45, worked in the accounting department of Holt California and pleaded guilty Thursday to stealing $4.8 million by making unauthorized transactions and falsifying records to cover it up, Ars Technica reported.

In addition to the $1 million spent on "Game of War," Co spent money on luxury cars, season tickets to local professional sports teams, and plastic surgery.

Although the "Game of War" app is free, it has many in-app purchases such as weaponry and armies to fight your battles virtually.

The game calls itself “the world’s largest multiplayer strategy game,” and players spend about $1.6 million per day on it, The Washington Post reported. The average player spends about $550 per year, but some spend much more to become top players of the game.

An article about "Game of War" in Cracked magazine called it “like gambling, but with no possibility of winning.” The game was heavily advertised during the Super Bowl in 2015, featuring Kate Upton in its advertisements.

Co will be sentenced on one count of wire fraud and one count of money laundering, each of which could carry a sentence of 20 years in prison. He will also have to pay back $4,542,236 in restitution, according to Ars Technica.

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A Sacramento, California, man spent $1 million on in-app purchases for "Game of War" while stealing nearly $5 million from his employer more than a decade.
game of war, 1m, stolen, money
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2016-59-13
Tuesday, 13 Dec 2016 06:59 AM
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