13 Úno German Banker Accused of Stealing Millions to Fund Gambling Habit
A German banker is part of a new trend of high-dollar gambling thefts
It is absolutely nothing new to hear about individuals stealing money in order to spend it on gambling. Nevertheless, 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 then he spent at casinos over the program of many 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. Over the course of more than three years spanning between 2007 and 2010 the man stole money from customers' accounts no fewer than 156 times. He also directly took money which had been given to him by customers to invest. Based on prosecutors talking in Stade District Court, the man even faked customer signatures on several occasions in an effort to achieve access to their money.
The amounts stolen varied greatly from customer to client. At some times, he stole only a few hundred euros; in the many cases that are dramatic several hundred thousand euros were taken out of accounts simultaneously.
As a whole, €8.4 million ($11.1 million) was applied for of consumer accounts on the years. That money was then mostly spent at a local casino in Hamburg.
According to prosecutors, the man that is unnamed already repaid €4.5 million ($6 million), t