Former Accountant Gets Prison for Stealing to Pay Gambling Debt

This story was published more than 1 year ago.

A former CPA was handed a stiff seven-year prison sentence after he admitted to stealing from a non-profit charity in order to pay off his gambling debt.

Adam Kamor pleaded guilty to stealing $1.35 million from a charity, which was to remain anonymous. Kamor had access to the funds because of his business Decker Accounting, LLC., and he moved money from the group's accounts in order to pay off his gambling debts. Kamor's crimes were uncovered when the IRS got reports that the accountant had lost more than $700,000 at the Mohegan Sun Pocono casino. He ended up pleading guilty to tax evasion and money laundering, both of which are felonies.

The plea deal that the defendant had agreed to came with a 57-month prison term, but the judge overseeing the case then upped the sentence to 84 months. He must also repay $1.5 million in restitution, $241,000 in unpaid taxes, and Kamor must attend gambling addiction counseling.

Speaking to the court Kamor said, "I'm ashamed, embarrassed and humiliated by what I've done. My foolish choices stemmed from a gambling addiction, but they were still my choices and I regret my actions."

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.