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Did An Post get their money back?

Patty Power

DECLAN LYNCH wanted to call the book Not Repayable. You can understand why. They are two words that would strike fear into a person's heart. They speak of a point of no return, a hole into which you have dug yourself, without any hope of escaping.

What do we think, did Paddy Power give back the €1.75m?

Just finished reading the book, and its truly flabbergasting how they allowed him to wager such huge amounts, knowing full well he lived in a 3 bed semi in Carlow.
https://www.independent.ie/life/high-roller-the-extraordinary-story-of-the-irish-postman-who-gambled-10m-and-stole-175m-at-work-36624072.html

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antodeco

You'd need to pay me more than whatever they got to read any of that!

Alun

That takes tl;dr to a whole new level.

eamonnq

I have a funny feeling someone can copy and paste.

Jawgap

Don't know, did they?

Jaysus, that's make you miss chore sex guy!

dharma200

font pain

ytpe2r5bxkn0c1

So a dump from the Independent? What's the point?

del roy

maybe C.A.B could look into it with it been stolen money en all that.

dxhound2005

I like this bit.

I read the account of Tony O'Reilly's wedding with one eye closed.

Are Am Eye

If I were ever to buy a newspaper (which i'm not) I would get whichever Lynch writes in.

BattleCorp

del roy wrote: »

maybe C.A.B could look into it with it been stolen money en all that.

He has no proceeds from his crime. He gambled the lot years ago. Nothing for CAB to go after.

del roy

BattleCorp wrote: »

He has no proceeds from his crime. He gambled the lot years ago. Nothing for CAB to go after.

Paddy has €1.7m of An Posts money, they did not give it to him.

Hector Bellend

I'm surprised they took his bets but its their job to spot mug punters.

Try walking into any paddy power shop on grand national day and try to get €100 on the nose.

Hector Bellend

del roy wrote: »

Paddy has €1.7m of An Posts money, they did not give it to him.

Paddy power didnt take t from them either

Grab All Association

del roy wrote: »

Paddy has €1.7m of An Posts money, they did not give it to him.

If I robbed my local AIB branch and bought a car off you with the proceeds would you give AIB the money back?

Btw I don’t agree with bookmakers and online gambling but it was Tony who stole the money and gambled it. He’s liable for it.

del roy

Grab All Association wrote: »

If I robbed my local AIB branch and bought a car off you with the proceeds would you give AIB the money back?

Btw I don’t agree with bookmakers and online gambling but it was Tony who stole the money and gambled it. He’s liable for it.

No but its stolen money, if TONY had given it to four of his friends to hold and got a piece of paper from each friend stating I did Tony a favour so I am keeping this money,

do you think the police would leave it with them,

silly of An Post to not chase up getting the money back.

BattleCorp

del roy wrote: »

Paddy has €1.7m of An Posts money, they did not give it to him.

Paddy isn't responsible for paying it back.

If I spent €1000 of stolen money on food in Tesco, Tesco aren't responsible for paying it back.

Same in this case.

BattleCorp

del roy wrote: »

No but its stolen money, if TONY had given it to four of his friends to hold and got a piece of paper from each friend stating I did Tony a favour so I am keeping this money,

do you think the police would leave it with them,

silly of An Post to not chase up getting the money back.

Paddy Power Didn't take the money from An Post.

If the money Tony took was still around, of course the Gardai would go after it. But it isn't around. It's spent.

If I robbed you and spent the money in the pub, are the pub expected to pay it back?

del roy

Paddy Power Didn't take the money from An Post.

If the money Tony took was still around, of course the Gardai would go after it. But it isn't around. It's spent.

If I robbed you and spent the money in the pub, are the pub expected to pay it back?

eh, tell me again how much paddy bought betfair for again,

BattleCorp

del roy wrote: »

Paddy Power Didn't take the money from An Post.

If the money Tony took was still around, of course the Gardai would go after it. But it isn't around. It's spent.

If I robbed you and spent the money in the pub, are the pub expected to pay it back?

eh, tell me again how much paddy bought betfair for again,

No idea but that's not relevant.

Have a think about my pub analogy. A really good think.

del roy

BC
this argument can go on forever but a few things

1. the traders (may) have known this guy was punting way above his means,
2. why didn't the judge during the trial haul someone from paddys to question them about their KnowYourCustomer policy,
3. An post did not want joe public to find out how shabby their security systems were.

loads of other strange things about this case,

but we will have to agree to disagree.

[Deleted User]

del roy wrote: »

BC
this argument can go on forever but a few things

1. the traders (may) have known this guy was punting way above his means,
2. why didn't the judge during the trial haul someone from paddys to question them about their KnowYourCustomer policy,
3. An post did not want joe public to find out how shabby their security systems were.

loads of other strange things about this case,

but we will have to agree to disagree.

The likes of Paddy Power will do the bare minimum with regards to the Know Your Customer policy but will do the maximum to convince you that he is your mate.

cloud9876

[font=Helmet, Freesans, Helvetica, Arial, sans-serif]Betting firm William Hill has been hit with a £6.2m penalty package for breaching anti-money-laundering and social responsibility regulations.[/font]
[font=Helmet, Freesans, Helvetica, Arial, sans-serif]The Gambling Commission said the company did not do enough to ensure prevention measures were effective.[/font]
[font=Helmet, Freesans, Helvetica, Arial, sans-serif]As a result, 10 customers were able to deposit money linked to criminal offences and William Hill gained £1.2m.[/font]

[font=Helmet, Freesans, Helvetica, Arial, sans-serif]Surely PP should be fined a similar amount?[/font]

dxhound2005

They could be if there are similar regulations in this country?

Was the £6.2 million given to the employers of gamblers?

del roy

Fr Tod Umptious wrote: »

The likes of Paddy Power will do the bare minimum with regards to the Know Your Customer policy but will do the maximum to convince you that he is your mate.

Fr
if one of your first five bets with paddy happens to be a win where you are collecting more than €1k, have no doubt they will want to know who you are. the fact paddy knew already with feedback/word from behind the counter in the shop that Tony was not a "lucky punter" would have voided the KYC policy for him.

The KYC is only for winners and people who can see a rick in the odds compliers mistakes.

del roy

Retail revenue up 13% to £334m, with UK shops up 11% and Irish shops up 8%. In 2017 we launched Paddy Power TV channels across UK&I, enabling us to showcase our leading content and promotions.

Ireland and UK only,

cloud9876

He stated on a KCLR podcast that he believes Paddy Power paid An Post back, insurance covered it.