Gambling addiction short stories - stolen money


About 20 years ago, I got myself into a terrible mess gambling. First it was casino gambling on weekends. I then moved to horse races, then illegal stuff like baseball and football games. I finally woke up when I was in debt to some pretty rough people to the tune of almost $25,000. In my position at work, I had the ability to access some large bank accounts with almost no supervision. I "borrowed" the money I needed, and I never once gambled since. Over the next year or so, I repaid my "loan." The company is now being sold by my boss because his kids want nothing to do with it. He is giving me a "retirement bonus" of $50,000 for being a loyal and productive employee these past 30 years (I'm now 73). Neither before nor after my incident did I ever take one dime of the company's money, but I'm sitting on a terrible feeling of guilt. Do I tell him what I did?


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Couple used stolen money for AC gambling spree
Source: NewsDay.com, July 8, 2008

MAYS LANDING, N.J. - A couple has admitted that they went on a million-dollar Atlantic City gambling spree with money the woman had stolen from her employer.

New Jersey prosecutors say Jamine Alabre faces about six years in state prison, while boyfriend Mathurin Ambroise faces about three years.

Both pleaded guilty Monday to a charge of receiving stolen property.

The 28-year-old woman from Westbury, N.Y., admits she stole $1 million from her former employer, Ipsos, a Long Island marketing firm. Ambroise is 34 and lives in St. Albans, N.Y.

Prosecutors say the couple tried to launder the money from January to October 2005 by pumping much of it into Atlantic City slots, mainly high-limit machines at the Borgata Hotel Casino & Spa. Casino personnel notified state police.

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A Homeless Son
AC from Northeast Ohio

“I was outside on a sunny day listening to an Indians baseball game on the radio. I was ten years old. Then it all came down on us.” This man (name withheld for privacy) can still remember the shock and confusion he felt as a 10-year-old boy when he and his family were evicted from their home. His dad had a good job in the hospitality industry. He made plenty of money but was addicted to state sponsored lottery games. He gambled away everything the family had and lost both his job and his home. His wife and children were thrown out onto the street – more than once.

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An Ex- Casino Worker Gets 21 Months for Theft
Source: The Miami Herald

Boxing champ and disgraced casino worker Ada Velez was sentenced Thursday to 21 months in prison after pleading guilty last month to grand theft.
The 37-year-old single mother was busted for giving away more than $100,000 worth of free play vouchers at the Seminole Coconut Creek Casino, where she was a casino service representative, between March and August of 2006.

In addition to the prison time, Velez will be on probation for 10 years.

She also must pay a portion of nearly $600,000 in restitution.

While players at the casino were supposed to be limited to $250 worth of vouchers for electronic gaming machines every month, an investigation showed that she handed out far more to regulars.

Velez said she received tips when she gave out the extra cards.

Five other people, all customers, were charged with grand theft. Three pleaded guilty and got five years probation: Terri Mallard, 40; Harry Baldassarre, 74, and Reinelda Baldassarre, 83.

Two others, Delray Beach couple Luis Alicea, 49, and Carmen Alverio, 65, have pleaded not guilty and are awaiting trial.

The 21-month sentence is the minimum that Broward Circuit Judge Stanton Kaplan could have handed down, although Velez's attorney asked him to consider an even lower sentence: 18 months of house arrest, 42 months of probation, restitution and community service, including talking to children about her mistakes.

Attorney Barry Butin argued that Velez had never been arrested before, did not commit the crime in a sophisticated manner and showed remorse.

''She is sorry to the casino as she loved her job and would have liked to work there forever,'' he wrote.

Butin wrote that Velez gave a lengthy statement to Seminole police.

''The gist of her statement is how much she wanted to be loved, liked and thought of as a good employee,'' he wrote. ``Also, she is naive as to the desire to please others, basically strangers [customers].''

Velez, who had boxed at the casino in Coconut Creek, was the first Puerto Rican woman to win a world boxing title. Known as ''Ace,'' she retired from boxing in 2004 but returned to the ring in 2007.