Related News

Home » Metro » Society

Gambler gets life for fraud scheme

AN electric power company employee was sentenced to life imprisonment for embezzling 5.77 million yuan (US$848,529) for gambling.

The Shanghai No. 2 Intermediate People's Court pronounced the sentence on a man identified as Sun Mi, Shanghai Morning Post reported today.

The court said Sun, 36, embezzled more than 5.77 million yuan from 2004 to 2007. He spent most of the money on gambling.

Sun was addicted to soccer gambling but his income could not support his habit. After they discovered his addiction his relatives and friends stopped loaning him money.

Sun embezzled money for the first time in February 2004 after he had collected about 300,000 yuan from a property management company. He desperately needed money to pay off a gambling debt at the time.

He paid off his debt with the money and told his boss the company had not paid the account. It was the first time Sun had done this and he was conscience stricken. Within a few days had borrowed money from a friend to repay his company.

But he began gambling again, losing money and repeated his embezzling – but from then on he usually forgot to repay his company.

He lent 2 million yuan of his company's money to a friend but could not get it back. Trying to cover his losses Sun went to Macau to try his luck at a casino but lost again. Despite his record he returned to Macau and this time lost another 1 million yuan of public money.

The company only uncovered the fraud in December, 2007 - Sun confessed to some of his actions but, as soon as he could, fled to Macau where was arrested six days later.

Sun's wife is unemployed and his son is in primary school. Sun's salary was the only income the family had.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend