The Man Who Lost $167 Million On A Trip To Vegas

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on September 05, 2025

He lost a staggering $167 million gambling in Las Vegas, betting as much as $200,000 per hand. Ausaf Umar Siddiqui, a former Fry's Electronics executive, stole company funds to feed his addiction, losing millions in a single day. This is a true story of addiction and theft that makes you wonder: Why didn't the casinos step in to stop him?


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