A 7-year-old student at Epping Boys High brought tens of thousands of dollars in cash to school and bought lavish gifts for his friends, sent them bargain hunting and bought game vouchers and computers.
The school’s principal, Jessica Schadel, wrote to parents on Tuesday to warn them of a problem in the 7 cohort that may have filtered out to other year groups.
“Today we had the opportunity to talk to Year 7 about the amounts of cash in circulation in the form of ‘gifts’, gambling vouchers, funded shopping trips and computer equipment,” she wrote.
“Police Juvenile Ryde also spoke to the year group about this matter.
“We’ve asked the boys to spend some time thinking about what they might know about this matter and to see a member of the Year 7 welfare team if they have any information.”
One of the parents, on condition of anonymity, said the student had $27,000 in cash and was scattering it “like confetti.”
NSW Police would pay the amount to the . not confirm Herald but a police source, who was not allowed to speak publicly, said the number was “tens of thousands.”
“Tuesday about 1 pm, police received information that a student was going to his school in Epping with a large sum of money that he had distributed to other students,” a police statement said.
“Officers attached to Ryde Police Area Command responded and made inquiries with the school administration. No further police action is expected.”