BETTING MACHINES HIGH ROLLER
Gambling addict tells of destruction wrought in a terrifyingly short time by fixed odds betting terminals – and battle to change his life. It took Tony Franklin just 59 minutes to squander £3,500 on high-speed, high-stakes gambling machines in his local Coral bookmakers. Losing the money was easy.
With a junkie’s urges, the only way to feed his addiction was a series of petty scams. He began in the early 2000s by bouncing cheques, then graduated to running up tens of thousands of pounds in overdrafts. The explosion of bank lending and “pre-approved loans” in the late 90s enabled him to be, at one stage, jobless but with £100,000 in credit.
Franklin’s most profitable sideline was making about “10 grand a month” by buying mobile phone contracts, paying the monthly line rentals and selling the handsets. Franklin said: “I was exploiting a loophole in the telecoms’ company marketing plans. The companies wanted customers and were basically paying you to sign up. They only woke up to it when the courier company tried delivering 500 phones to my house.” All the money he made went straight towards feeding his gambling habit.
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