He stole $3m to feed his gambling addiction. He wants betting agencies to repay his victims
The agencies oppose leave being granted and say he does not have the legal right to bring the claim.AdvertisementFineff’s lawyers argue the millions he stole from clients were held on trust by him for them because he breached his duty by using the loans for an unauthorised purpose. Six of his victims were aged in their 70s and 80s.The court heard Fineff’s victims trusted him with personal loans they were falsely told would be put towards shares. Their individual losses ranged from $60,000 to $745,000.Advertisement“I am satisfied the motive for the crimes was the offender’s addiction to gambling,” Judge Christopher O’Brien said in 2023.Fineff is eligible for release on parole after five years and four months, in February 2028.
- ▪The agencies oppose leave being granted and say he does not have the legal right to bring the claim.AdvertisementFineff’s lawyers argue the millions he stole from clients were held on trust by him for them because he breached his duty by us
- ▪Six of his victims were aged in their 70s and 80s.The court heard Fineff’s victims trusted him with personal loans they were falsely told would be put towards shares.
- ▪Their individual losses ranged from $60,000 to $745,000.Advertisement“I am satisfied the motive for the crimes was the offender’s addiction to gambling,” Judge Christopher O’Brien said in 2023.Fineff is eligible for release on parole after
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-06-30T06:16:16Z","datePublished":"2026-06-30T06:16:16Z","description":"Former financial adviser Gavin Fineff, jailed for defrauding clients, is attempting to sue the betting agencies, accusing some of predatory behaviour.","headline":"He stole $3m to feed his gambling addiction. He wants betting agencies to repay his victims","keywords":"Courts, Gambling, Sportsbet, Tabcorp, Just in, For subscribers, Gaming & wagering, Federal Court","author":[{"@type":"Person","name":"Michaela Whitbourn","jobTitle":"Legal Affairs and Investigations…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.