{"id":98,"date":"2024-06-14T02:10:53","date_gmt":"2024-06-13T23:10:53","guid":{"rendered":"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/14\/capen-limited-ceo-jailed-for-stealing-lottery-funds\/"},"modified":"2024-06-17T12:56:43","modified_gmt":"2024-06-17T09:56:43","slug":"capen-limited-ceo-jailed-for-stealing-lottery-funds","status":"publish","type":"post","link":"https:\/\/pokerstarsnodepositbonus.icu\/2024\/06\/14\/capen-limited-ceo-jailed-for-stealing-lottery-funds\/","title":{"rendered":"Capen Limited CEO Jailed for Stealing Lottery Funds"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/rEY6DJiwRK8\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Simon Rydings, the top dog at Capen Limited, is in hot water. He&#8217;s received a prison sentence for pilfering lottery proceeds, a serious offense. <\/p>\n<p>The UK Gambling Commission (GC) verified that Rydings, the 50-year-old chief executive, took a substantial \u00a3285,000 (approximately $380,000) from a lottery organized for Sheffield Hospital Charity. He&#8217;s facing three months of incarceration and a significant \u00a31,000 penalty upon release. <\/p>\n<p>Rydings admitted to utilizing the funds for different business expenditures between January 2018 and March 2020. He asserted in court that he couldn&#8217;t reimburse the entire sum because he had spent it all. <\/p>\n<p>Helen Venn, a high-ranking official at the GC, emphasized that lottery money is intended for charitable purposes and that individuals like Rydings, who exploit their authority, will face consequences. <\/p>\n<p>The United Kingdom&#8217;s Gaming Commission rescinded Capen&#8217;s authorization to operate in December of 2020 after a probe into the business&#8217;s methods. The Commission concluded that Capen might have engaged in illicit actions, referencing Article 116 of the 2005 Gambling Act. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Simon Rydings, the top dog at Capen Limited, is in hot water. He&#8217;s received a&hellip;<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lottery Boss Jailed: CEO Stole Charity Funds for Personal Use<\/title>\n<meta name=\"description\" content=\"Shocking news! 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