VP steals $5.4m from Goldman Sachs to pay gambling debt

Online poker was the undoing of Ashwani Jhunjhunwala, Goldman Sachs’ VP in India. Police have arrested him for stealing Rs 38 crore ($5.4m) from Goldman Sachs. In just 10 minutes, Jhunjhunwala fraudulently transferred the money to an account at a Chinese bank using the computers of junior employees, police said. He was planning to use this to pay off his online poker debt. Find out more at https://economictimes.indiatimes.com/news/politics-and-nation/goldman-sachs-vp-swindles-firm-of-rs-38-crore-to-pay-off-poker-debt/articleshow/71064305.cms

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