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Aussie Addict Blows $2m on 10c Machines

20 May 2003

AUSTRALIA – As reported by the Herald Sun: ``A gambling addicted accountant put more than $2 million of stolen money through 10-cent poker machines, it was claimed yesterday.

``Defence barrister Richard Backwell told the County Court Werner Kaeser, 53, played the poker machines only at the Dandenong Club.

``Although his client gambled and lost a huge sum he received no 'high roller' perks and was left penniless and out of work, he said.

``Kaeser, of Rowville, pleaded guilty to eight counts of theft and 10 of obtaining a financial advantage by deception.

``Kaeser admitted taking the money from his employer, water pump company Onga, in a seven-year spree.

``…But prosecutor T.P. Burke said he found it hard to believe that Kaeser had managed to gamble such a huge sum on 10-cent machines…"

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