Problem gambling and gambling addiction can have a devastating effect on people’s lives, as well as their loved ones and families. The worst case scenario is when gamblers decide to end their lives. It doesn’t necessarily mean that gambling-related crimes are no longer possible.
Some gamblers commit different crimes to fuel their addiction, such as embezzlement or fraud. This is the story of a 51 year old woman who was allegedly involved in an alleged scam in Mami Lakes in Florida.
NBC Miami released details earlier this week about a man who is facing court charges for defrauding older people using a new scam. Carlos Ravelo is accused of 11 counts of fraud and theft.
The 51-year old man allegedly orchestrated a fraud that involved selling cars at a reduced price. Ravelo confessed that the money earned from illegal activity was spent entirely on gambling. He was reportedly addicted to gambling, which led him into fraud.
Fraud on the Elderly
Ravelo was accused of exploiting his position as finance manager at a local company called AutoNation Honda Miami Lakes. According to authorities, the man defrauded customers by promising better prices on cars if clients paid cash.
The man was able earn more than $50,000 from the alleged scam. The man is thought to have had over ten victims. Most of them were elderly. Ravelo was the victim of a fraud that was perpetrated by a man who had more than ten victims, most of whom were elderly.
In January, an investigation was launched into the fraudulent activities. Ravelo was accused of stealing money from one of its alleged victims. The victim identified as Jamie claimed Ravelo had stolen $10,000 from her. Bail is set at $50,000 for the 51-year old. To make bail, a man must first prove his source of funds.