A former procurement manager at Tse Sui Luen Jewellery in Hong Kong has pleaded guilty to stealing diamonds worth more than HK$11 million (US$1.4 million) from suppliers over six years by manipulating consignment records to fund his gambling habit. The High Court heard on Monday that Mui Ka-fai, 63, obtained small diamonds from the jeweller’s…
A man whose gambling addiction had landed him in prison is taking on the sports-betting industry in Germany. Thomas Melchior goes to German football league matches holding a sign saying “lost a bet” while putting himself at the mercy of the home fans by wearing their hated rivals’ jerseys to get attention. Melchior wore a…
Sports betting company FanDuel has agreed to pay approximately $5 million to the Jacksonville Jaguars as restitution for more than $20 million that a former employee stole from the team to transfer to the sportsbook, ESPN reports. Amit Patel, who worked in financial planning and analysis for the Jaguars from 2018-23, was charged with one…