German Banker Accused of Stealing Millions to Fund Gambling Habit

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 new to hear about individuals stealing money in purchase to spend it on gambling. But, 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 he then spent at casinos over the program of years.

Stole Undetected for Years from Customers

According towards the fees, the man 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 customers’ accounts no fewer than 156 times. He additionally straight took cash which 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 to be able to gain access with their money.

The amounts stolen varied greatly from customer to client. At some times, he stole only a few hundred euros; more chilli slot machine gif in the many dramatic cases, several hundred thousand euros had been taken away from accounts at the same time.

As a whole, €8.4 million ($11.1 million) was taken out of consumer accounts throughout the years. That money was then mostly spent at a local casino in Hamburg.

According to prosecutors, the unnamed guy had already paid back €4.5 million ($ (more…)

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