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Betting firms won £1.3m in stolen money from gambling addict

  Andy May convicted of fraud in case that highlights need for industry reform, say campaigners Betting firms won £1.3m in stolen money from a gambling addict without establishing where the funds came from, it has emerged, reigniting concern about whether firms do sufficient due diligence on punters who lose large sums. Andy May, 44, was sentenced at Norwich crown court on Monday to four years for fraud, after admitting siphoning funds from the clothing company where he was a senior manager earning more than £50,000 a year. Continue reading... .. Full story on theguardian.com 

betting, stolen, gambling, addict Image source : theguardian.com
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