BOOKMAKER ACCEPTED STOLEN CHARITY MONEY

Bookmaker Paddy Power Betfair (PPB) have been fined £2.2 million by the Gambling Commission for failing to carry out proper checks on money wagered.

One instance was a total of £894,754 stolen and wagered over a four year period from charity Birmingham Dogs Home by its CEO Simon Price, with the help of his wife Alayna. Price was given a five year prison sentence last year and his wife received a two year suspended sentence. PPB will now pay the stolen money back to the charity.

As part of the fine PPB will pay £1.7 million to charity Gamble Aware, nearly £500,000 to other victims – problem gamblers they allowed to carry on betting with them – and £50,000 for the costs of the investigation.

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