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Gambler Accused of Stealing Millions

27 September 2005

MELBOURNE, Australia -- As reported by United Press International: "A casino high roller in Australia is accused of stealing millions of dollars from banks by obtaining hundreds of loans using fake documents.

"The Melbourne Herald Sun said Joe Ng allegedly created the documents on his computer in a garage and submitted the loan applications from Internet cafes.

"Prosecutors say Ng needed the money to feed his gambling habit and pay off loan sharks at Crown casino.

"His loan applications were almost always for less than $25,000, so they would attract little scrutiny. Many of them were to buy the same car from the same person, time after time..."

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