Medical student wins lottery 5 times after embezzling graduation funds

[uneng]

A brazilian medicine college student diverted almost 200.000$ from the graduation comission's funds, which belonged to her whole class, to place high bets through the national lottery.

She won sometimes on short run, but after all, faced a huge loss and went into almost 40.000$ debt. After scamming the lottery, the police department was triggered and the investigation has started.

She was investigated for money laundering and embezzlement. Later on, it was discovered the funds' origin.

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!

Since then, no more updates about the case have been shared on the news. It happened about 2 weeks ago.

Medical student wins lottery 5 times after embezzling graduation funds

[Oshosondy]

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.

[Zlantann]

She won some times but the net profit is a loss, It was said that she even gambled daily, that would be a loss for everyday gambler with people's money. She did not think if 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 think to gamble with their own money or parents money in a way that nothing like jail or prison will be involved, unlike public money. I am not saying it is good to gamble with parent money, all are bad and only little amount should be used on gambling. Gambling should be for working class and the working class should spend less than 5% of his income on gambling.

I think this is a clear case of gambling addiction. Any gambler that goes to the extent of using another people's funds at his/her disposal to gamble needs help because such person has lost control of his gambling behavior. Gambling addicts just like other forms of addiction don't consider the consequences of thier actions because they are just concerned about satisfying a burning and uncontrollable desire in them. She would have to pay back her debt an sent to a gambling rehabs for the treatment his addiction.

[acroman08]

gambling addiction really does fuck you up and the people around you. I feel bad for the other student who fell victim because of her gambling addiction. I get that addiction makes you do things that you won't usually do but it doesn't excuse what she did, I hope she gets a proper punishment for what she did.

[Fivestar4everMVP]

If she's old enough which I believe she is, then nothing should stop her from going to jail, she's a criminal and should be treated as one, if it was her money or maybe her school fees she's lost through gambling, then I believe this wouldn't be a case at all, but gambling with public funds is way too extreme and one that must not be swept under the carpet, she should be made to serve as an example to those who might want to try the same thing in the future and hope to get away with it.
200,000 dollars is no small amount of money, and I can't imagine how many of the parents who went through hell to make sure they get this money to pay for their ward, this is an act that shouldnt be encouraged In our society.
I really feel sorry for the school and the students, this would probably be the worst graduation ceremony that school will have in their record, I hope they get through it..

[l3pox]

oh lord
people definitely don't care where they put their money.

surprised by the fact this happening in USP too
it's the hardest college in Brazil to go in

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.

[Frankolala]

This is one of the problem of gambling addiction, it gives you false hope that you will win back your lost and before you know it you have lost everything. It is a very bad to gamble with people's funds entrusted to you,this means that you are heartless because gambling will definitely make you lose the money, it is better you invest the money into a business that can generate daily or weekly income.

The Lady should be ashamed of herself to do such thing and should face the consequences, so that next time she wouldn't just throw away people's funds just like that without reasoning. Graduating students money is what she used,gambling has eaten up her bones.

[Johnyz]

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.

[DoublerHunter]

gambling addiction really does fuck you up and the people around you. I feel bad for the other student who fell victim because of her gambling addiction. I get that addiction makes you do things that you won't usually do but it doesn't excuse what she did, I hope she gets a proper punishment for what she did.

^Probably she is hoping to hit the grand jackpot prize of the lottery but it won't happen.
The chances of winning the lottery are very thin and if you continue buying a ticket every day, it could be a big cost for you, that is why people should gamble an amount that they can afford to lose which is when made mistakes.
Poor girl, how come she becomes that kind of addiction? Though she gets proper punishment, but we hope that her study will not stop, it could be more ruin her life more when it comes to that point.

[jossiel]

A brazilian medicine college student diverted almost 200.000$ from the graduation comission's funds, which belonged to her whole class, to place high bets through the national lottery.

She won sometimes on short run, but after all, faced a huge loss and went into almost 40.000$ debt. After scamming the lottery, the police department was triggered and the investigation has started.

She was investigated for money laundering and embezzlement. Later on, it was discovered the funds' origin.

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!

Since then, no more updates about the case have been shared on the news. It happened about 2 weeks ago.

Medical student wins lottery 5 times after embezzling graduation funds

When it's come to gambling, no one can really skip the addiction if he/she isn't aware of what can happen to themselves. If addiction strikes, for sure that the person that's been striken by it will definitely do anything to keep his/her gambling needs.

I saw news and situations like a treasurer gambled with the company's fund and it wasn't caught until the company sees the sudden reduction of their funds and it's no longer tallied.

On this student, it's sad that she embezzled the money and she did while she's at that shoe of studying because it's alarming on how much more she can do when she gets older.

[Wakate]

Gambling is a big addiction and we should always be careful about how the urge of betting could jeopardize our entire life if we are not that very careful. Gambling is not that bad but when it is excess then is could pose a danger to us that would never be easy to abolish.
The major problem here is that she was robbed of her money that was intended for something else. Many things are happening and I can't believe she used that kind of huge fund to gambler and lose it. Let's discipline ourselves so that we would not be a victim of this at anytime.

[Fortify]

A brazilian medicine college student diverted almost 200.000$ from the graduation comission's funds, which belonged to her whole class, to place high bets through the national lottery.

She won sometimes on short run, but after all, faced a huge loss and went into almost 40.000$ debt. After scamming the lottery, the police department was triggered and the investigation has started.

She was investigated for money laundering and embezzlement. Later on, it was discovered the funds' origin.

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!

Since then, no more updates about the case have been shared on the news. It happened about 2 weeks ago.

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.

[Casdinyard]

A case of gambling addiction. She probably could've gotten away with just stealing the money but she has ulterior motives, which had led her to stealing it in the first place. She had so many opportunities to stop, considering that even after gambling she won 5 times albeit with a profit loss, but at some point in that gambling spree she must've had a net profit, but no, she kept going. I am really hoping that apart from incarceration she should be getting, they also give her mental help and intervention because when all of this is said and done she may go back to her old ways.

[goaldigger]

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.

[DaNNy001]

The Lady should be ashamed of herself to do such thing and should face the consequences, so that next time she wouldn't just throw away people's funds just like that without reasoning. Graduating students money is what she used,gambling has eaten up her bones.

That's the funny thing about an addiction, you never actually know what you are getting yourself into until the deed has already been done and there is no way out before you later realized you have made a very big mistake. But it actually never stops there for some individuals because when the whole mess is cleared up, some still go as far creating another mess again all in the name of being an addict. I can remember when i was faced with such gambling addiction too, it was the period of my life i wouldn't like to be remembering because i was deep into and it almost made me useless in life but i thank God i came out this act. And the only way to come out of this act is actually in the will power of the individual, you have to discipline yourself thoroughly and have a strict principle you will never go against, setting your gambling limit according to the funds you have only then can you be free. As for the lady i think should be forced to pay off the money then after that a detention in prison might serve her well.

[Baofeng]

So another case of gamblers going bad? that is a huge amount of money to gamble and it's not her money to begin with. Yeah she won but still she is has debt to settle here from the graduation comission's funds. Not sure how she was able to hold that kind of money, nevertheless it's obvious that she got the trust and then ruin it.

Just like the other thread we saw here, it's gambling addiction as it's finest. Hard to control even, women are going to fall for it even if they are not that careful and easily be tempted because of that big money in front of them. Hopefully, gamblers here should learn a thing or two if ever they are face with this situation.

[uneng]

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.


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.

[Hydrogen]

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.

[capedbaldy]

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.

[Gozie51]

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.