( CNN ) -- An Australian woman is suing the nation 's top four banks for their alleged role in laundering money from her teenage son 's $ 200,000 eBay scam that afforded him a $ 6,000-a-day playboy lifestyle . Australian media reported that in 2007 , the then 14 year old boy was making so much money selling non-existent laptops , mobile phones and watches on eBay he could afford to book a $ 4300-a-night penthouses overlooking Sydney Harbour , fly friends interstate for lavish parties and hire limousines to take him to the beach . A spokesman for the Commonwealth Bank of Australia confirmed to CNN that the woman from the south coast of New South Wales , who along with her son can not be named for legal reasons , had launched an action in the Supreme Court seeking damages over the scam . Reports said she was seeking an apology from the Commonwealth Bank , ANZ , Westpac and NAB for `` unconscionable conduct '' after allegedly allowing her son to open numerous bank accounts with debit cards `` without reasonable scrutiny '' . She claims the banks ignored her or refused to discuss the matter for privacy reasons when she warned them they had issued accounts that were being used by a minor to bank illegal funds , reports said . ''He was an intelligent boy who worked out how to cheat the system and play it for all it was worth , '' she told Australia 's Sun Herald newspaper . ''As his parent and legal guardian , I begged the banks to stop giving him accounts and debit cards but each time I got nowhere because of the Privacy Act . '' She said her suspicions were aroused four years ago when her son began spending lavishly . She told the Sun-Herald she later uncovered a log book listing thousands of dollars worth of transactions with eBay . The boy , now 19 , allegedly deceived the Commonwealth Bank into opening an account after fronting up to the bank with a birth certificate and a friend over the age of 18 who claimed to be his guardian , according to reports in Australian media . ''Once he secured that , he was able to accumulate check and Visa debit accounts with many other financial institutions including Westpac , the Bank of Queensland , ANZ , Credit Union Australia and the Hume Building Society , '' the mother was quoted as saying in the Sun-Herald report . Police eventually arrested the boy at school after many of the frauds were linked to an IP address attached to a classroom computer . By the time of his arrest , the boy was already allegedly working another scam , milking the $ 1,500 overdraft facility on a series of debit accounts . In the meantime , reports said , the boy lived a playboy lifestyle with shopping sprees for Versace and Prada clothes and Louis Vuitton luggage . ''There I was , a single mum of two , desperately struggling to put food on the table . He , meanwhile , would stroll in after feasting at the latest fancy restaurant of his choice and chuck me leftovers in a plastic tub , '' she told the Sun-Herald . Underneath the exterior , her son was an `` insecure boy out to impress , '' she told the newspaper . Reports said that during the past four years , she had reluctantly handed her son to the police 15 times .
Woman seeks damages over the scam , a bank spokesman says . Reports : She claims banks ignored her after she warned accounts were issued to minor . Comment: