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Financial Adviser Steals For Online Casinos

The dangers of problem gambling are not an issue foreign to online casinos.  Many online casinos support responsible gambling by contributing dollars to problematic gambling research and help programs.

In the worst cases of problem gambling, people have been known to take desperate measures to feed their gambling habit.

A former financial adviser from Adelaide, Australia recently had a shameful day in court.  Kym Andrews Sellers, 32 years old, publicly admitted liability and made an apology to his former employer.   

Sellers accumulated gambling dollars by selling shares belonging to his customers at the Taylor Collison firm.  Through his illegal practice he collected Aus$340,000.  He admitted that he used the money to feed his online gambling addiction.  It has not been specified as to which online casinos Sellers visited.  But he apparently placed most of his wagers at his office over three years.

Sellers, perhaps relieved to be caught, made not arguments and stated that he deserved jail time.

According to the prosecution, Sellers created an almost Aus$500,000 loss for the company.  The company had to buy back the sold shares, but the price had already risen.

Please visit online casinos responsibly.  Always gamble less than you can afford.

 

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