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Topic: Medical student wins lottery 5 times after embezzling graduation funds - page 5. (Read 595 times)

sr. member
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I don't exactly find what is her motive behind gambling with the raised money from student. Roll Eyes

It just reminds me that when people see money the change or show their real face which may never saw in the past so this has nothing to do with the gambling because her own ignorance and mistreatment of funds caused the loss and she should be given right punishment for committing such crime.
hero member
Activity: 1064
Merit: 639
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Meanwhile, the class students became suspicious about the situation after the woman told on her class Whatsapp's group funds raised for graduation were lost after she invested it in a brokerage firm and was scammed by it, but no further documents and evidences could be provided, because everything was robbed!
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I guess it is a lie that she had made any investment rather I believe that she must have lost this money in gambling because of her addiction.

Quote from: Article
A lottery representative attended Deic and said that the woman had been betting every day

As mentioned in the article, she used to gamble daily basis, so it is quite possible that she gambled someday to win big, in this greed she invested all the money, and after losing she making such lame excuses that she lost money in an investment.
legendary
Activity: 2366
Merit: 2054
Bad habit, hobby, influence affects everything, especially in gambling and when its associated with greediness, it probably end up in very bad way.
This is an obvious crime, the student should be sanctioned and get jailed if she is in the legal age. Because if not this will continue until she grows up until he seek on legal/professional advice or completely rehab.
Yes, this is all about the ethic code after completing the study and being a nurse or doctor. And, it's his right if be a gambler or anything outside that because in this case, we are talking about morals. If she can't control and manage himself so how can the doctor or nurse treat patients after graduating later?. Maybe as you suggest, she must get sanctioned, and dismissed from college so as not to harm the patient in the future. 
hero member
Activity: 2702
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They failed to teach the student about honesty and also failed to trace that she is addicted to gambling if they discovered it earlier they will not entrust the funds to her care, and she ruin her career not only she will not going to finish her study but the school will likely ban her and worse she will go to prison for money laundering and embezzlement, this is what will happen if you are deep into an addiction to gambling, you will have no respect on people's trust and money.

We are talking about a person here which already at the point where there's no need for any teaching about anything related to honesty. It's not appropriate to blame the school for failing to teach the student about honesty. There is also no way for them to know that the said student is addicted to gambling.

More importantly, why trust graduation funds to a student? This is the first time I saw a student able to access a graduation fund. Regardless of the student's status or let's say she is a top notcher, any related to graduations shouldn't be handled by a student.

Fast forward, I hope though that the student truly learned her lesson. That experience will be lived on her mind for several years.
And speaking about the school there is no mention on the article about what they will do against the student but I suppose this guarantees expulsion for the student.

Not only she abused the trust her peers had on her and appropriated funds which did not belonged to her, but she is also giving an awful image to the school, which is sad because supposedly the graduation party would take place at the end of this year and I assume she was close to graduating too, so not only she is likely to spend some time at jail but it is unlikely she will graduate.
legendary
Activity: 1358
Merit: 1565
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There are many sites on the internet teaching how to win on this lottery, as if it were possible to make it in a safe way.

Really? That's what I call a scam.

All lotteries work the same way. They raise money and give out less money in prizes than they raise, typically 50-70%. Short-term results, as long as it is not rigged, are pure luck, while in the long run the larger the sample size the more likely you are to lose money on net.

Anyone who does not understand this is in danger of ending up like the protagonist in our story, looking for an easy way to get rich and listening to those who teach them 'strategies' for winning the lottery.
hero member
Activity: 2044
Merit: 784
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It intrigues me she was able to place a bet without paying it immediately. I believe the lottery's owner was used to her going there everyday placing huge bets, so he gave her that credit. Since she didn't win, she just didn't come back anymore...

Still does not make much sense to me to be honest.
Would you give credit to someone who you know is gambling recklessly and is already out of money? I would not.
I would make an exception if the person provided some collateral and the sum of debt was relatively small, but we are talking of 5 figures here.  Roll Eyes

I would not even give that much credit to people who is part of my family, let alone a woman who has proven herself to have problems. Shameful.
I think the lottery's owner didn't know she had ran out of money yet, until she didn't come back anymore. It seems there was a solid routine of bets everyday and even though she was losing, she continued gambling, until the last day. I don't know what must have passed through the lottery owner's mind, but I guess he was confortable with the young lady's frequent activity on his shop.

Maybe he thought she was laundering money, so the prizes weren't exactly her final goal?

There is also the possibility it wasn't about addiction, but a dumb plan she saw on the internet gambling gurus promoting it's guaranteed to win if you have a lot of money to "invest".
legendary
Activity: 1162
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It intrigues me she was able to place a bet without paying it immediately. I believe the lottery's owner was used to her going there everyday placing huge bets, so he gave her that credit. Since she didn't win, she just didn't come back anymore...

Still does not make much sense to me to be honest.
Would you give credit to someone who you know is gambling recklessly and is already out of money? I would not.
I would make an exception if the person provided some collateral and the sum of debt was relatively small, but we are talking of 5 figures here.  Roll Eyes

I would not even give that much credit to people who is part of my family, let alone a woman who has proven herself to have problems. Shameful.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
More importantly, why trust graduation funds to a student? This is the first time I saw a student able to access a graduation fund. Regardless of the student's status or let's say she is a top notcher, any related to graduations shouldn't be handled by a student.
Because students contribute to this fund periodically, probably every month. They compose a comission with few members chosen by themselves to manage the fund. It's their responsability to keep their own money safe for the graduation's expenses. I believe other people wouldn't want to be responsible for keeping it.

Complete insanity, not only because the fact she was using other's money to gamble but also she managed to turn an important sum of cash into a higher amount debt, who in the world even consider to accept credit from someone who is this chronically affected by gambling addiction? goes beyond common sense.
It intrigues me she was able to place a bet without paying it immediately. I believe the lottery's owner was used to her going there everyday placing huge bets, so he gave her that credit. Since she didn't win, she just didn't come back anymore...
legendary
Activity: 1162
Merit: 2025
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Complete insanity, not only because the fact she was using other's money to gamble but also she managed to turn an important sum of cash into a higher amount debt, who in the world even consider to accept credit from someone who is this chronically affected by gambling addiction? goes beyond common sense.

She better get sometime behind bars and hopefully some rehab.

...
not sure if all are aware but Brazil has public and private colleges
public ones are free of charge, all paid with taxes but with no fees at all for students.

Pretty much, I believe all countries (or most of them) have both private and public universities and high schools.
legendary
Activity: 2940
Merit: 1083
The experienced is not a joke. I don't understand why there's a person who is brave enough to risk such a huge amount of money in gambling.

And the surprising part is that's not even their money so where the hell they are getting the courage to face the risks?

That girl ruined his reputation and sorry to say that she just wrecked her good future.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Bad habit, hobby, influence affects everything, especially in gambling and when its associated with greediness, it probably end up in very bad way.
This is an obvious crime, the student should be sanctioned and get jailed if she in the legal age. Because if not this will continue until she grows up until he seek on legal/professional advice.

it's not her money in the first place. so yeah, owed to greed and gambling habits she will ruin her future.
the very reason why gambling has been in the negative light because of persons like her. they will go to the extent of stealing funds to cater their desires. well, not the first and definitely not the last.
hero member
Activity: 2730
Merit: 632
She won some times but the net profit is a loss, It was said that she even gambled daily, it would be a loss for everyday gambler while gambling with people's money that can bring poor mindset towards gambling, resulting to losses. She did not think of the consequences if she lost part or all the money. That is not a small amount of money at all and I see this as an act of indiscipline. People can still be thinking to gamble with their own money or parents money in a way that nothing like jail term or prison will be involved, unlike using public money for it. I am not saying it is good to gamble with parent's money, all are bad and only little amount should be used on gambling. Gambling should be for working class people and the working class should spend less than 5% of his or her income on gambling.
Wins couldnt be counted if you do end up on having a debt or on loss, and also its not always been that ethical for you to make use of funds which arent yours.This is why its really hard to entrust up some huge amount of money into someone which had been collected into various members or numbers of people where there's always the risks or chances for it to be used into things which arent supposed to be used.
That  girl should face up the consequences on what he had done because its never been that good or ethical on using funds which arent yours. $200k isnt a small money i would say.
You would be fucked up if you dont have any back up funds or support do came from your family and friends on repaying it back.
hero member
Activity: 1554
Merit: 880
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Bad habit, hobby, influence affects everything, especially in gambling and when its associated with greediness, it probably end up in very bad way.
This is an obvious crime, the student should be sanctioned and get jailed if she is in the legal age. Because if not this will continue until she grows up until she seek on legal/professional advice or completely rehab.
legendary
Activity: 3122
Merit: 1398
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They failed to teach the student about honesty and also failed to trace that she is addicted to gambling if they discovered it earlier they will not entrust the funds to her care, and she ruin her career not only she will not going to finish her study but the school will likely ban her and worse she will go to prison for money laundering and embezzlement, this is what will happen if you are deep into an addiction to gambling, you will have no respect on people's trust and money.

We are talking about a person here which already at the point where there's no need for any teaching about anything related to honesty. It's not appropriate to blame the school for failing to teach the student about honesty. There is also no way for them to know that the said student is addicted to gambling.

More importantly, why trust graduation funds to a student? This is the first time I saw a student able to access a graduation fund. Regardless of the student's status or let's say she is a top notcher, any related to graduations shouldn't be handled by a student.

Fast forward, I hope though that the student truly learned her lesson. That experience will be lived on her mind for several years.
hero member
Activity: 2982
Merit: 597
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They failed to teach the student about honesty and also failed to trace that she is addicted to gambling if they discovered it earlier they will not entrust the funds to her care, and she ruin her career not only she will not going to finish her study but the school will likely ban her and worse she will go to prison for money laundering and embezzlement, this is what will happen if you are deep into an addiction to gambling, you will have no respect on people's trust and money.
sr. member
Activity: 2044
Merit: 314
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This is a risk that doesn't really sound nice. The effect of being an addict is what we see with this. To play gambling game, you need your personal money for it and not public money but what she has done is high risk that can get her into trouble.
She’s already in trouble after being caught, this should not happen in the first place.
That girl must be influenced by anyone, and imagine betting with the funds that is not yours, that could be a serious problem already. Too bad for her, she gets addicted into lottery, i hope this kind of news didn’t disclose to the public because that girl is still a student and can still change her life for the better.
hero member
Activity: 2632
Merit: 626
This is a risk that doesn't really sound nice. The effect of being an addict is what we see with this. To play gambling game, you need your personal money for it and not public money but what she has done is high risk that can get her into trouble.
sr. member
Activity: 832
Merit: 286
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As others have said, the fact that she won was pretty much irrelevant because she did not win enough to cover the initial amount she stole. I'm guessing she spent vast chunks of the money she stole on these lotteries so was definitely not getting value for money. It's a very sad story when the person involved is relatively young and probably did not understand the consequences of what they were doing, however they should face the criminal consequences or there is no point in having laws. You have to wonder if she was just being extra greedy or had other financial pressures when she wanted to stay in the medical field which must have sky high costs to fund higher education.
He might face charges for money laundering because of the abuse of the trust placed in him, she was very greedy to use all those funds for betting and luckily she didn't suffer too high losses, even though he could recover the losses but a court seat would be waiting for him. His gambling addiction was so bad that she was unable to limit the funds used in gambling and there was no risk consideration if she had spent those funds.
legendary
Activity: 2562
Merit: 1441
This might sound crazy and irregular. But is very common in investment and finance.

The plot of Rocky 5 (1990) is one where Paulie grants Rocky's financial advisor power of attorney. Which the advisor uses to gamble with Rocky's wealth and loses. Rocky is broke as a result. This is much more common than most realize. It was common 30 years ago when Rocky 5 was produced. We have popular stories about famous financial families engaging in similar practices hundreds of years ago.

Trust can be abused. Which could necessitate the development of trust less formats in BTC and other technologies.

That said, who embezzles funds to invest in a lottery? There are so many better and smarter investment opportunities out there. $200,000 in funds isn't enough to rig a lotto. They could have googled it, learned the basic statistics and saved themselves a lot of trouble.

If you could rig a lottery with 1 million dollars? Why don't millionaires simply invest their funds in lotteries rather than stocks? Even with more than $1 million in funds investing in the lotto is a losing proposition.
hero member
Activity: 2044
Merit: 784
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Didn’t know lottery can also be addicting when it fact you can place a bet on a minimal amount, wondering if she really cheated on that lottery system or she is just lucky to win 5 times and unfortunately lose everything again. Well, this is still gambling and probably she is with someone doing this thing. Using others money for your gambling activities is not good at all, avoid this at all cost and stay responsible.
She placed expensive bets, because she was trying to maximize the odds at her favour per ticket. The game she played is named Lotofácil (easy lotto).

It's possible to bet between 15 and 20 numbers per ticket (the more numbers you pick, the more expensive it's going to be the ticket). Most expensive ticket, containing 20 numbers, costs about 7750$.

If you match 11 numbers per ticket, you already guarantee a 1$ prize. 12 numbers give 2$, 13 numbers give 5$ and then for 14 and 15 numbers matched the prize isn't fixed, but its average is 272$ per 14 numbers matched and 160.000$ per 15 numbers matched (jackpot).

There are many sites on the internet teaching how to win on this lottery, as if it were possible to make it in a safe way. I guess the student must have had access to such websites and thought she could make it work. Tongue



Winning chance playing with 20 numbers (7750$ ticket):

11 numbers matched: 1 chance in 2,6 (prize 1$)
12 numbers matched: 1 chance in 3,9 (prize 2$)
13 numbers matched: 1 chance in 4,2 (prize 5$)
14 numbers matched: 1 chance in 17 (prize 272$)
15 numbers matched: 1 chance in 211 (prize 160.000$)



Imagine a student being exposed into gambling, I don’t know her exact age but the lottery should assess that girl first before allowing here to place a bet, this is very unfortunate to ruin her own reputation and her future. The authority and her parents should help her recover from this trauma and addiction. Gambling is not good at all if its already too much and if the money you are using is not yours, this could be a big lesson to everyone.
25 years old woman.
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