Finnish teen, parents stole €250k from Malta online casino

An online casino in Malta was robbed of €250k by a Finnish teenager whose parents are now on trial for sharing in his ill-gotten gains.

On Tuesday, Finnish media outlet YLE reported on a case of aggravated fraud currently winding its way through the Häme District Court involving a teenager from the town of Forssa who discovered a glitch in the software of an unspecified Malta-based online casino.

According to the report, the teenager – described as “now about 18 years old” – discovered that the casino software allowed him to cancel customers’ pending withdrawal requests and have the money transferred to an online wallet rather than the customers’ bank accounts.

The tech-savvy teen reportedly made 147 withdrawal requests in just one month, taking the unlucky — although lucky to have remained unidentified — gaming operator for a total of €250k before a site staffer discovered the theft in July 2017.