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