|
|
Article: Gambling addiction proves costly
- Article from:
- The Press
- Article date:
- April 16, 2005
CopyrightCopyright 2005 The Press. Provided by ProQuest LLC. (Hide copyright information)
|
A gambling addiction has cost a Christchurch businessman his
career, his family home and his clean record, and could still cost
him his liberty.
Wayne Joseph Newsome, 47, pleaded guilty in the Christchurch
District Court this week to 32 fraud charges totalling more than
$250,000 for the false-invoice scam he initiated to fund his gambling
habit.
Judge Edward Ryan convicted Newsome on the charges and remanded
him on bail for sentence in June so he could organise to repay the
money he embezzled, but warned that jail could still follow.
"With offending on this scale, the result is almost inevitable,"
he said. "I suspect a custodial remand would potentially inhibit
(reparation). Quite clearly ...