Goldman Sachs VP Uses Stolen Money to Settle Online Poker Debt
Lax Gaming Fines
Ashwani Jhunjhunwala was arrested and will appear in court. The man will face a heavy penalty if things don’t go well for him, which doesn’t necessarily have to do with playing poker on the internet. The media said that the fine a gambler receives is quite low. The leading officials stated that imprisonment is rarely taken by the magistrate court. Ashwani Jhunjhunwala did more than just stealmoney for his poker debt. In addition, he has been charged with a couple of violations of the Indian Penal Code (IPC). This involves cheating and not being truthful as a worker. According to the IPC, he will have to serve 27 years in jail and pay a number of fines.
Goldman Sachs Verdict
Goldman Sachs has already made a conclusion on the matter after talking to the employees. The business said that Jhunjhunwala has been fired with immediate effect. The Commercial Bank of China has since transferred back the cash. He has an MBA and has a wealth of experience in capital market companies and financial consultancy (with 14 years of experience under his belt). These are the consequences of problem gambling. The man tried by all means to pay his gambling debt when things went out of hand. The lengthens he went to settle his debt cost him his job at Goldman Sachs.