Not only is he stealing money... he's ripping people off. I have recorded bets I was making with money that I was never going to get back any way. Had a bet placed for 7 BTC on black and won. Bet never showed and it hit.
I don't wanna look like a dick by saying this, but shits happens, deal with it!
A few years ago, I started in the Internet money making stuff. After a few weeks of studying all of those "investment programs and opportunities" and just realized it was all a scam, and everybody knew it, except me because I was the new guy, here's one example where I had some bucks lost:
http://en.wikipedia.org/wiki/Charis_JohnsonI've made some money and I've lost some money, but when a website turned out to be a scam, we just moved on, because the investment approach golden rule always was "don't invest more than what you are not prepared financially or psychologically to lose".
I started a few months in here and I have to say, way most trustworthy to invest around here, even with the anonymity thing, the HYIP/Matrixes/Autosurfs/whatever were pretty much a risky gamble, many people tried to fooled you with saying it was a serious business based on forex and that's why they could give 250% ROI after 3 days. (LOL)
You can still play in the HYIP/Matrixes/Autosurf "industry", that is still around...