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irisblue

(34,411 posts)
Fri Jul 17, 2020, 08:49 AM Jul 2020

Gambling Addict makes the news

Source--https://news.yahoo.com/california-man-accused-gambling-away-covid-relief-funds-013747667.html

snip--"Los Angeles (AFP) - A California man was arrested and ordered held without bond on Thursday for fraudulently obtaining some $9 million in coronavirus relief funds and using some of the money to gamble in Las Vegas.

Andrew Marnell, 40, a resident of the Beverly Grove neighborhood of Los Angeles, allegedly submitted a number of fraudulent loan applications in relation to the coronavirus pandemic and obtained millions in Paycheck Protection Program (PPP) funds.

Prosecutors say he used some of the money to make risky stock market bets, and squandered hundreds of thousands of dollars at the Bellagio Hotel and Casino and other gambling establishments in Las Vegas as recently as last weekend."

snip--" Authorities said Marnell, who was due back in court next Tuesday, faces up to 30 years in prison on the bank fraud charge."

not much more at the article.


All addicts know that rush. His consequences are likely to be steep as hell.

I don't condone, but I can understand.

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Gambling Addict makes the news (Original Post) irisblue Jul 2020 OP
Well he took a gamble and lost soothsayer Jul 2020 #1
I hope he has no partner or kids, cause this consequence hits them too. irisblue Jul 2020 #2
Seriously soothsayer Jul 2020 #3
Yes, His consequences will be great..well said..Thank You for posting K and R Stuart G Jul 2020 #4
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