A British man who had an obsession with gambling and stole roughly £849,000 from a variety of people appeared in court today for a sentencing hearing. Because he is already 75 years old, any prison time will almost certainly be for life. The perpetrator was an alleged financial expert and estate planner who assisted victims in drafting wills. In actuality, his major activity was duping the elderly out of their life savings so he could keep gambling.
At this point, his victims will never get restitution because he was a bad gambler and squandered the money. This means that any hope of the victims enjoying a comfortable retirement as a result of his fraudulent scam is gone.
At this point, his victims will never get restitution because he was a bad gambler and squandered the money. This means that any hope of the victims enjoying a comfortable retirement as a result of his fraudulent scam is gone.