A banker that is german part of a brand new trend of high-dollar gambling thefts
It is absolutely nothing a new comer to hear about people stealing money in order to spend it on gambling. Nevertheless, it’s rare that the theft ever gets this big. A 39-year-old bank that is german was accused of stealing over €8 million ($10.6 million) from customers, which then he spent at casinos on the course of a long period.
Stole Undetected for Years from Customers
According towards the charges, the man works in Buxtehude, a Northern Germany town that is a suburb of Hamburg. Over the course of more than three years spanning between 2007 and 2010 the man stole money from customers’ accounts no fewer than 156 times. He also directly took cash which had been directed at him by customers to spend. In accordance with prosecutors speaking in Stade District Court, the man even faked customer signatures on several occasions in an effort to get access for their money.
The amounts stolen varied greatly from customer to client. At some times, he took only a few hundred euros; in the many dramatic cases, a few hundred thousand euros were taken out of accounts at the same time.
In total, €8.4 million ($11.1 million) was removed of client accounts within the years. That cash was then mostly spent at a casino that is local Hamburg.
According to prosecutors, the man that is unnamed already repaid €4.5 million ($6 million Continue reading “German Banker Accused of Stealing Millions to Fund Gambling Habit”