REPORT: LADBROKES PAY OUT TO 5 INDIVIDUALS WHOSE MONEY WAS STOLEN BY A VIP CUSTOMER WHO THEN LOST THE STOLEN SUMS GAMBLING

Calvin Ayre reported a Guardian story on 17th December that Ladbrokes paid nearly £1 million to 5 individuals whose money was stolen by a Ladbrokes’ VIP customer who then lost the stolen sums gambling with Ladbrokes.  It is said that, as a condition of the payment, Ladbrokes required the recipients to “agree not to bring any complaint or make any report to any regulator in relation to the claim”.

https://calvinayre.com/2018/12/17/business/ladbrokes-vip-gambler-stolen-funds/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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