A German banker is component of a new trend of high-dollar gambling thefts
It is nothing not used to hear about individuals money that is stealing purchase to spend it on gambling. Nonetheless, it’s rare that the theft ever gets this big. A 39-year-old German bank worker has been accused of stealing over €8 million ($10.6 million) from customers, which then he spent at casinos within the course of a long period.
Stole Undetected for Years from Customers
According towards the costs, the person works in Buxtehude, a Northern Germany town that is clearly a suburb of Hamburg. During the period of more than three years spanning between 2007 and 2010 the man took money from clients’ accounts no fewer than 156 times. He also straight took money that had been given to him by customers to invest. In accordance with prosecutors talking in Stade District Court, the person even faked customer signatures on several occasions in an effort to achieve access with their money.
The amounts stolen varied greatly from customer to client. At some times, he stole only a few hundred euros; in the many dramatic cases, several hundred thousand euros were taken out of accounts at once.
In total, €8.4 million ($11.1 million) was removed of customer accounts over the years. That cash was then largely spent at a local casino in Hamburg.
According to prosecutors, the unnamed man had already reimbursed €4.5 million ($6 mil Read more