The scammer who lost 1.5 million in 3 minutes
Ian Robert Maxwell is known in history as a media mogul and fraudster. Although with an impeccable public image for years, the Briton turns out to be a hardened conman, and in order to save his media empire, he embezzled hundreds of millions from the pension fund of his various companies to cover his lavish lifestyle. But the subject we are interested in today is not about his abhorrent embezzlement, but about one of the few times when "fate" took its toll.
Popular in London's high life, Maxwell was one of the "authors" of one of the biggest and fastest money losses in the Island's gambling history. The money-loving tycoon also loved the feeling that gambling gave him, but one night at a London casino "Les Ambassadeurs” he was hardly pleased with what had happened.
As a VIP customer, he was allowed to bet simultaneously on several roulettes located on the casino floor. Within just 3 minutes and barely a few bets, his game ended in ingloriousness after losing a whopping 1.5 million pounds ($2.25 million) in 180 seconds.
According to various sources, this loss is in the top 20 lists of the biggest single losses in history (who knows who they belong to), but the very fact that in 3 minutes he lost such a colossal amount is absolutely incredible. Well, it turns out that he didn't even lose his own money after being convicted of financial fraud.