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Sunday, February 26, 2012

Teen started gambling young from LAN gaming, now owes loansharks $15k

A 17-year-old poly student is being harassed by loansharks after he accumulated a $15,000 gambling debt.

The teen got heavily into debt after he learnt to bet on soccer matches. As he was often broke, the unhappy teen had then taken to lingering in LAN shops.

There, he learnt to bet and the LAN shop even offered a $2,000 credit line to him for betting. He quickly lost $1,000 and could not pay up when the shop's "gambling agent" approached him for the money. To help him clear his debt, the agent introduced him to loansharks.

Meanwhile, as the teen borrowed more money, he continued to bet on more matches in hopes of winning back his money. The teen bet larger and larger sums and ended up owing seven loansharks a total of $15,000.

The loansharks have taken to harassing him at his home and have splashed paint on his door. As a result, his parents' relationship is on the rocks and headed for a divorce.

According to statistics, such cases of teens gambling and owing loansharks money, are surfacing once every three months.

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