Australians have stolen more than $100 million over the past five years to feed gambling habits, according to a new study whose author thinks the scale of theft he uncovered is just the tip of an iceberg.
Warfield & Associates accountant Brett Warfield identified 265 criminal convictions involving 267 offenders from 2011 to July this year in which money was stolen and either mostly gambled or used to pay a gambling debt.
The amount stolen totalled $104,143,790, averaging almost $400,000 per offender, who ranged in age from 18 to 78.
The largest individual fraud was $7.8 million and more than $1 million was stolen in 26 cases, 20…
Read the full article at: http://www.smh.com.au/business/more-than-100-million-stolen-to-gamble-20160830-gr4hz9.html
