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Brainy graduate gambles away father's fortune

Brainy graduate gambles away father's fortune

Write: Delicia [2011-05-20]

A 32-year-old businessman in Shaoxing, Zhejiang province, who inherited his father's fortune, has gambled away 10 million yuan ($1.46 million) in six years.

After graduating from university in 2001, Ying inherited his father's business, which he expanded using his talent and knowledge.

Two years later, however, he made some new friends who lured him into gambling. Ying soon became an addict.

In August this year, he borrowed a rented car from a friend and sold it for money to gamble. After losing that money, Ying tried to flee but cops caught up with him.

He is currently lodged in a detention house.