Morgan Stanley Employee Gambled Away Millions of Bank’s Funds, Strangled Wife

Submitted by Jagajeet Chiba on

Written by :

Jagajeet Chiba

Published on :

A former product controller at Morgan Stanley was terminated by the company after losing millions of dollars due to an “accounting error”.  Investigators also believe Manas Kapoor, 35, strangled his wife to death the same day he was to attend a disciplinary hearing.

Kapoor admitted he was £8,000 in debt and was borrowing from friends and family to support his gambling addiction.

His 35-year-old wife, Shivani Kapoor, was found dead last July at their home in Northwood, Middlesex, England.  Shivani reportedly confronted her husband over his gambling losses.

A hearing is currently being held to determine the former product controller’s fate.  Kapoor denies he murdered his wife, claiming she suffered from frequent blackouts and accidently fell and hit her head, resulting in death two days later.

Prosecutor Duncan Atkinson told Wood Green Crown Court: 'At 1.17pm on 10 July 2013, a call was made to the emergency services from their home address by the defendant.

'He said he had found his wife unconscious on the bedroom floor and thought she had fallen off a stool and hit her head and did not appear to be breathing.

'The emergency operator talked the defendant thought CPR techniques until paramedics arrived at 1.32pm.

'She was lying on the floor next to a plastic stool and the defendant surmised she had fallen from it when standing on it to get something from the wardrobe and struck her head on the cot.'

- Jagajeet Chiba, Gambling911.com

Related Content

Connecticut Former Funeral Director Who Gambled Away Families' Funds Enters Guilty Plea

Connecticut Former Funeral Director Who Gambled Away Families' Funds Enters Guilty Plea

Phillip Pietras, 51, is expected to be sentenced to more than seven years behind bars.
Prosecutors Identify 18 Allegedly Rigged Pitches for Emmanuel Case Trial

Prosecutors Identify 18 Allegedly Rigged Pitches for Emmanuel Clase Trial

Federal prosecutors have identified 18 pitches, including one from a 2024 playoff game, that they allege involved sharing with bettors.
Prostitution, Bestiality and the FBI: Will Congress Act? There's a Bet for That..... But It's Not What You Think

Prostitution, Bestiality and the FBI: Will Congress Act? There's a Bet for That..... But It's Not What You Think

FBI Director Kash Patel defended a hiring policy change Tuesday that allows some applicants who have engaged in prostitution and bestiality to be considered for employment, insisting that the move was made to enable victims of those acts to apply for a job without fear of automatic disqualification.
St. Petersburg Florida Venues Subject of Early Morning Gambling Raids

St. Petersburg Florida Venues Subject of Early Morning Gambling Raids

Action Arcade and The Zoo Sports Club and Grille in St. Petersburg hit as part of “Operation Final Spin.”