I remember someone posting that ill gotten gains cannot be recovered if they are used in legal gambling organisations such as IRs, Betting shops etc.
Just wanted to let people know that this is not exactly right. The myth is similar to someone breaking into your home or robbing you of your valuables and selling it to pawnshops and other parties not involved in the crime.
Victims should engage a lawyer to launch a suit if there is sufficient grounds to suggest that the outfit should have been aware that the punter is gambling beyond his means and those funds do not belong to him.
In the 90s, OUB was defrauded by a deputy branch manager for millions whoused it to gamble on Genting Resort World Cruise Ships. The irony is OUB felt the same and had little intention to pursue the matter of recovery, until Genting sued them for failing to honour the last 2 cashier cheques for few hundred thousand dollars.
OUB decided as they had to defend the claim, they might as well go all out and they won every single penny from Gentings. The idiot from Genting who sued them for a small portion of what was already taken must have poor gambling skills. Still want to open card with 20 on the cards.
For Police cases, victims should stake a claim on anything sold to pawnshops and go for a disposable inquiry and you are likely to get 50%. Don't let the Police IO persuade otherwise as they want to save their time.
Interestingly the bold action was the result of Fatty Loo's ex wife who was in-house legal counsel who picked Davinder to act for them.
Just wanted to let people know that this is not exactly right. The myth is similar to someone breaking into your home or robbing you of your valuables and selling it to pawnshops and other parties not involved in the crime.
Victims should engage a lawyer to launch a suit if there is sufficient grounds to suggest that the outfit should have been aware that the punter is gambling beyond his means and those funds do not belong to him.
In the 90s, OUB was defrauded by a deputy branch manager for millions whoused it to gamble on Genting Resort World Cruise Ships. The irony is OUB felt the same and had little intention to pursue the matter of recovery, until Genting sued them for failing to honour the last 2 cashier cheques for few hundred thousand dollars.
OUB decided as they had to defend the claim, they might as well go all out and they won every single penny from Gentings. The idiot from Genting who sued them for a small portion of what was already taken must have poor gambling skills. Still want to open card with 20 on the cards.
For Police cases, victims should stake a claim on anything sold to pawnshops and go for a disposable inquiry and you are likely to get 50%. Don't let the Police IO persuade otherwise as they want to save their time.
Interestingly the bold action was the result of Fatty Loo's ex wife who was in-house legal counsel who picked Davinder to act for them.
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