Nine-year-old spends $118,000 on dad's corporate credit card promoting his YouTube channel

In a shocking case of financial misconduct, a nine-year-old boy named Mike used his father's corporate credit card to spend an astonishing $118,000 on promoting his YouTube channels dedicated to Roblox and Minecraft. The news broke two days ago when the Mighty Mike Plays YouTube channel posted a video explaining the unfortunate situation and the potential end of the channel.

Mike's father, Dave, was utterly shocked when he was summoned to a meeting with his company's corporate manager and finance employees. Dave revealed that he had no idea his son had been running high-budget campaigns on YouTube, which went unnoticed by him. Dave was asked to explain the sudden disappearance of $118,000 from the company card assigned to him.

According to Dave, Mike had initially asked for some Roblox in-game currency using the corporate card, which was approved. A few weeks later, when Mike was dissatisfied with the channel's subscriber count, Dave agreed to a $20 ad campaign to attract more subscribers. Little did Dave know, Mike continued to run larger campaigns, eventually totaling over $20.

Dave emphasized that a nine-year-old child, with no limits on an ad account and a card that always approved, would not consider their actions wrong. The marketing company Dave works for is escalating the case to higher management, and the investigation may result in Dave paying back some or all of the money, potentially losing his job.

Dave reiterated that this was his fault, not his son's, but he decided to punish Mike. The boy will have his iPad and PlayStation taken away, and Dave expects him to work off the debt by mowing lawns until he is 18. The video ends with Dave confirming that the Mighty Mike channel may be on hold but could return.

This incident raises several questions, especially about Dave's decision to use a corporate card for personal purchases for his son. Similar cases have been reported in recent years, including a 13-year-old who spent $64,000 of her parents' savings on mobile games and other teenagers charging large amounts to their parents' credit cards. Despite these incidents, the combined total of those cases remains less than what Mike spent.