The player who stole the funds is a 30 year old father of two that worked for The Cake Decorating Co beginning in 2015. He stole about £5,000 per month and gambled it all at Betway for about three years. After this, he began stealing larger amounts, with the highest being £30,000. Reportedly, Betway allowed the gambler to gamble the money and never questioned the source of the funds.
The UKGC became aware of the case and is conducting an investigation that's underway right now. When the results of the investigation come to light, it's likely that the company will be facing a heavy fine for allowing the punter to gamble large amounts for so long without any verification.
We'll follow the story and update readers as we learn more.