German Banker Accused of Stealing Millions to Fund Gambling Habit
A banker that is german part of a brand new trend of high-dollar gambling thefts
It is nothing not used to hear about people 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 bank that is german has been accused of stealing over €8 million ($10.6 million) from customers, which he then spent at casinos on the program of a long period.
Stole Undetected for Years from Customers
According towards the costs, 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 clients' accounts no fewer than 156 times. He additionally straight took money which had been fond of him by customers to invest. According to 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 client to client. At some times, he took only a few hundred euros; in the many cases that are dramatic a few hundred thousand euros were taken out of accounts simultaneously.
As a whole, €8.4 million ($11.1 million) was taken out of customer accounts on the years. That cash was then largely spent at a casino that is local Hamburg.
According to prosecutors, the unnamed man had already reimbursed €4.5 million ($6 mill