From the SMH today:
Corporate regulators have launched an inquiry after a year 8 student engineered a $200,000 money laundering scam through some of Australia's leading banks.The boy, 17, from the NSW South Coast, who cannot be named for legal reasons, obtained dozens of bank accounts and debit cards to aid a three-year crime spree. When his mother begged the banks to ban him, they ignored her or refused to discuss it.In 2008, the teen was charged with eight counts of fraud. While on bail, he reoffended 10 times. Yet to this day he has served only a week in detention. His mother feared the only way to stop him was to contact all the banks.What my son needs right now is a psychologist - and for the banks to accept liability.'
Sorry lady, your son needs to be locked up.