Saturday, 28 June 2014

Student Commits Suicide After Losing $3000 USD In World Cup Gamble

Student Commits Suicide After Losing $3000 USD In World Cup Gamble

He gambled with money borrowed from loan sharks and committed suicide after losing it to World Cup bets
  • Published: 
Failed gambling led him to suicideplay
Failed gambling led him to suicide
A second-year college student has died after jumping from the 7th story of  high rise building in his school  following heavy losses in World Cup gambling.
The student who, simply identified his surname Lin in news reports, committed suicide after losing a big bet, reportedly over$3000 USD.
A Debt And A Death
A witness who spoke with Information Times said the student might have committed suicide after pressure from loan sharks.
"I heard him say 'do not force me' and 'give me two more days and I'll return you the money'
"He talked on the phone for more than 10 minutes. I saw him hang up and stand up and then all in a sudden he just disappeared," Information Times reported the witness as saying.
An online media quoting a classmate and friend of the deceased student reports that Lin had gambled nearly $7,000 US dollars on several students.
“We heard that he borrowed quite a lot of money and the interest rate was rather high,” another student quoted in the report said.
Deadly China Betting
Lin is now the second Chinese to die in World Cup related circumstances after a 51-year-old former footballer, Li Mingqiang, died of 'over-excitement' while watching the Spain-Netherlands match which ended 5-1 in favor of the Orange boys.
China has become the World's gambling capital and just last week, police in Hong  busted an illegal World Cup betting ring which raked in an astonishing $600 million USD in one week - an all-time record.
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