A German banker is part of a brand new trend of high-dollar gambling thefts
It’s nothing a new comer to hear about individuals stealing money in 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 was accused of stealing over €8 million ($10.6 million) from customers, which then spent at casinos over the program of a long period.
Stole Undetected for Years from Customers
According to the charges, the man works in Buxtehude, a Northern Germany town that is 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 directly took cash that had been provided to him by customers to spend. In accordance with prosecutors talking in Stade District Court, the man even faked customer signatures on several occasions to be able to achieve access for their money.
The amounts stolen varied greatly from client to client. At some times, he took only a couple of hundred euros; in the many cases that are dramatic a few hundred thousand euros had been taken out of accounts simultaneously.
As a whole, €8.4 million ($11.1 million) was taken out of customer accounts over the years. That cash was then largely spent at a local casino in Hamburg.
According to prosecutors, the unnamed guy had already reimbursed €4.5 million ($6 m