Monday, March 26, 2007

Where NOT to invest: Ontario lotteries (why? frauds!)

Here's a Canoe.ca piece that mentions there's a statistically impossible amount of lottery retailers that win prizes. I could understand that it happened a few times before being stopped by authorities, but apparently, the Ontario Lottery and Gaming Corporation is sleeping with the retailers! Here's a quote:

Public Infrastructure Minister David Caplan asked police to look into ombudsman Andre Marin's report probing a disproportionate number of jackpot wins by so-called lottery insiders - a report that amounted to a searing indictment of the Ontario Lottery and Gaming Corporation.Marin showed no quarter to the corporation, which he said ignored allegations of widespread retailer fraud, "coddling" retailers and front-line ticket sellers while playing "games" with customers who complained they had been cheated.
I already thought spending money on lottery tickets was a waste of money. Now I think it makes people victim of pure and simple theft!






3 comments:

NFtoBC said...

Does the ticket holder bear no responsibility to check his or her numbers against the winning numbers, or ask for the return of the ticket AND the coupon describing the transaction? This would require that the lotto machine be in clear view, and the customer watch the transaction, etc., but it would allow for a simple solution.

The story talks about retailers as if they are known contractors to the lottery corporation, however, there are employees, friends of employees, and so on, who are less directly attached to the Lotto corporation, and far harder to track. Might such a person be tempted to engage in some sleight of hand surrounding a winning ticket? Probably as likely as the retailer himself.

Let's have a look in the mirror here, and see if we ourselves may be somewhat to blame.

DAvid

The Canadian Money Blogs Reviewer said...

I agree that ticket holders should be more careful. That does not excuse the Lottery Corporation from looking into the fraud cases though ...

Canadian Money said...

This issue makes me wonder.

Are winners discarding their tickets in error and the retailers are sorting through the trash to find the winners? If so it's not theft.

Can a retailer somehow steal a ticket without paying for it so they have lots of chances to win?

Is there a way to track all tickets? Do they have unique numbers like invoices so one knows where they were sold? If not...should this be the case?

Is it possible to make a counterfit winning ticket?

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