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Tech-Savvy Finnish Teenager Steals 250K from Maltese Online Casino

Yle reported that the young Finn allegedly spotted a technical glitch in the targeted online casino and opened an account with a fake date of birth to proceed with his scam. The gaming operation’s website was set up to allow customers the opportunity to cancel the return of their funds and to have the refund paid into an online wallet or a customer’s bank account. The teenager was able to take advantage of the IT issue for over a month, transferring the total amount of €252,000 of casino funds into his own bank accounts. According to Yle, the young man transferred the funds over 417 transactions between April and May 2017. The casino discovered the incident in July 2017. According to court papers, a portion of the money was transferred to bank accounts belonging to the clever teenager’s parents. Investigators reportedly discovered the amount of €14,000 of the stolen money into the personal bank account of the young man’s father. His mother had approximately €2,300 of the stolen money into her account and allegedly purchased a €5,000-worth motorcycle with another portion of the stolen funds. The underage Finn could get a sentence of up to 20 month in prison for his scam. He is accused of aggravated fraud as a minor. The prosecutor called on Monday for a five-month suspended sentence for his father and for a more lenient suspended sentence for his mother.

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iGaming news | Casino Barcelona reaches Red Rake Gaming agreement

redrake Casino Barcelona reaches Red Rake Gaming agreement Spanish developer Red Rake Gaming has reached an agreement to immediately supply its complete suite of games to Casino Barcelona, an online casino operator in Spain. The agreement includes slots, video bingo and video poker games, with titles like Ryan O’Bryan and the Celtic Fairies, Super 7 Stars, and the Asp of Cleopatra. Nick Barr, managing director of Red Rake Malta, said: "Red Rake Gaming is delighted about the agreement with Casino Barcelona because they share our vision of constantly improving the customer experience." Xavier Ballester, Casino Barcelona online director, said “We are really happy with the signing of this agreement with Red Rake Gaming. They have good games, very attractive and with plenty of functionalities. These games will complement the offering and we are sure that they will be very well received by our users.”

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