No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Matthew Stevens Accountant blew GBP850,000 of his employer's cash
Saturday January 16,2016 : BETFRED ONLINE PUNTER GAMBLED WITH STOLEN MONEY
Accountant blew GBP850,000 of his employer's cash.
The Yorkshire Evening Post reports that 30-year-old accountant Matthew Stevens has been jailed for three years and four months for stealing GBP 850,000 from his employer and gambling it away with online gambling provider Betfred.
The accused pleaded guilty to two charges.
Prosecutor Martin Robertshaw said that Stevens plundered his firm’s accounts over a 13-month period to fund his addiction to online gambling, becoming a VIP customer at the Betfred website..
The Leeds Crown Court heard that Stevens abused the trust placed in him by his employer, Mahmood Mazhar, who trained him in accounting and book keeping at his company Core Telecommunications.
Stevens was subsequently appointed in-house accountant, responsible for paying creditors and staff wages, and with access to company bank accounts.
The court was told that Stevens “bled” company bank accounts dry by transferring money to his own accounts and covering it up with fictitious transactions.
His employer became concerned when creditors began contacting him to say they had not been paid, but Stevens assured him that they were wrong.
However, Mahmood was then contacted by Her Majesty’s Revenue and Customs (HMRC) over an unpaid tax bill of GBP250,000, and Stevens was again asked for an explanation. This time he blamed the HMRC, but an investigation ensued and Stevens was arrested.
Steven's defence lawyer claimed that the accountant became addicted to online gambling, and that the UK Gambling Commission has been advised of the inducements offered by Betfred to encourage Stevens to continue to gamble.
He added: “The money was taken and the money was stolen and the defendant has used that money for gambling and not to fund a lavish lifestyle,” claiming that his client has intended to repay the money from winnings but had been unable to do so.
Sentencing Stevens, Recorder Abdul Iqbal, QC, said: “You knew the intimate workings of this business and you must have known the impact of bleeding those bank accounts dry.”
Contacted by the Yorkshire Evening Post, a Betfred spokesman said the company would "...look to review its operating procedures should any learning points emerge from this or indeed any case. However there is no evidence to suggest that any enticement of any kind was a factor in this case.”
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Online Lottery Scammers Arrested in Jamaica -
Jamaicas Lottery Scam Task Force, a special unit set up by the Jamaican police to combat the national embarrassment that online lottery scams have become, has been in action again this week, arresting 4 individuals in predawn operations Friday.
AMAZON SHOWS INCREASING INTEREST IN E-SPORTS -
Launched during the annual Twitchcon expo in San Diego this week, the new currency will integrate directly with Twitch as the retailer looks to chase monetisation with the promotion of the currency.
Gameaccount H1-2016 numbers -
On Friday Dermot Smurfits GameAccount Network (GAN) business posted its H1-2016 numbers, reporting a net pre-tax loss of GBP 2.3 million - an improvement on the GBP 2.6 million it lost in the same period last year.
Pokerstars Now Lead Sponsor of Global Poker League -
Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.
Betconstruch invests in Ucrafts -
BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.
Plus500 Founders Selling Off Shares -
Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.
Rush Golf Live Launches -
Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.