German Banker Accused of Stealing Millions to Fund Gambling Habit

A German banker is component of a brand new trend of high-dollar gambling thefts
It is absolutely nothing new to hear about individuals money that is stealing purchase to spend it on gambling. Nevertheless, 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 within the program of several 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. No fewer than 156 times over the course of more than three years spanning between 2007 and 2010 the man stole money from customers’ accounts. He also straight took cash that had been fond of him by customers to invest. In accordance with prosecutors speaking in Stade District Court, the man even faked customer signatures on several occasions so as to achieve access with their money.
The amounts stolen varied greatly from client to client. At some times, he took only a few hundred euros; in the most dramatic cases, several hundred thousand euros had been taken out of accounts at once.
As a whole, €8.4 million ($11.1 million) was removed of customer accounts over the years. That cash was then mostly spent at a casino that is local Hamburg.
According to prosecutors, the man that is unnamed already repaid €4.5 million ( […]