Insurance Broker Used $1.9 Million of Clients Funds to Gamble Online
Published on:
Apr/18/2013
An insurance broker from Prudential has been indicted, charged with allegedly bilking his insurance clients out of over $1.9 million and using those funds to gamble online.
The indictment alleges that Daniel J. Trolaro, 34, unlawfully used the funds of nine clients to place wagers via the Internet from June 2008 through February of this year while employed at Prudential in East Hanover, New Jersey.
Trolaro will not be arrested, however, he must appear before a judge in Morris County in the coming weeks.
Prudential has since terminated Trolaro, an employee of nearly 10 years, following their own internal investigation.
- Jagajeet Chiba, Gambling911.com
