SQUANDERING PEOPLE'S MONEY IN LOTTERY.

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 Do you think keeping money in bank is safe, if yes so let me tell you a short story.

In 2007 two Vault managers Ren Xiaofeng and Ma Xiangjing of Chinese Bank, came up with an ideal of making money illegally. They started removing vast quantities of cash from the vault and squandering them in lottery tickets. They have planned it in such a way that they will buy lottery tickets from the money lying in the bank's vault and after they win the lottery, they will keep back the amount of money took out of vault and will keep the remaining with them. 


Initially they took out Rs.23 Lakh from bank's vault and bought lottery ticket from them and fortunately they won it too, further they placed back money taken out of vault and kept remaining with them, but gambling is something which gradually and eventually can destroy anyone and same happened with them too, in order to cover further loss and to earn profit they have repeated this process for several months without getting noticed.

Till March and April 2007, they have squandered over RS. 58 Crores form bank's vault in order to gain profit but failed adversely and end up will all money vanished completely. 

At the end when they realized that they do not have enough money to place back to bank's vault, they decided to flee away, but unfortunately in China it is almost impossible to avoid their surveillance, and soon they both were caught up and were sentenced to death.
  


Comments

  1. Pooja3 October 2022 at 16:06

    Never knew this earlier, very informative news , great content 👍

    ReplyDelete
  2. Yogesh5 October 2022 at 06:01

    मुझे भी बचपन से एक घोटाला करने का शौक है!👉🏾👈🏾

    ReplyDelete

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