Each time we read about a scam in the news, it will have something to do with the victims' believe in some sure win method for gambling or investment. In spite of being caught time and again, people still fall prey to these cleverly plotted but malicious plans.
This story is about Michael Garner. He is a 53-year-old self-employed financial and pensions adviser who scammed money from investors. He used money in his custody to finance his gambling habit. The more he dabbled in gambling the more he stole from the funds.
As a financial expert he did not apply any risk management rules to gambling. Being caught up by the law is the only way to stop his criminal activities. I guess not all good traders are cut out for gambling.
More on My Webpage.
t is sulkiness that cause financial expert to blow a fortune away in gambling.
ReplyDeleteTraders must be sore losers, that is the reason they can blow a fortune away.
DeleteTraders don't make good gamblers because they look down on gambling. It is their arrogance that makes them bad gamblers.
ReplyDeleteIn their arrogance traders forgot discipline is important in gambling.
DeleteGambling addicts lose more than just money. They lose their home, job, marriage and self esteem.
ReplyDelete