Gambling addict employee embezzles 1.5 million euros from Waternet: two years...


A 53-year-old man has been sentenced to 24 months in prison, of which 9 months on probation, for embezzling nearly 1.5 million euros from his employer Waternet. The man must also repay the embezzled money to the state.

The man worked in Waternet’s finance department. Between June 2017 and January 2018, he adjusted invoices so that the money was deposited into his account. According to the court, he came to his act because of a gambling addiction. He would have gambled most of the money.

The court blames the man for calculating his actions, partly by preventing the embezzlement from coming to light earlier, and because it concerns tax money. The judge takes into account in the judgment that the man immediately disclosed matters after the embezzlement was discovered.


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