Juliana Posman, a 43-year-old businesswoman, who squandered more than £3.5million after developing a secret gambling addiction has been spared prison.
Juliana Posman, racked up huge debts while gambling on movements on the German DAX stock market index.
But when she was pursued by her creditors she decided to lie about her debts to escape bankruptcy.
On Friday she was spared a prison sentence after being found guilty of making a false representation.
This is not the first time that Juliana Posman, who worked for an IT company, has deceived someone into giving her large sums of money to fund her gambling addiction.
In 2018 her then husband Christopher Forte, 41, told how he repeatedly gave into demands for cash from his Indonesian-born wife.
Despite being married to a British citizen, she told her husband she needed large sums of money to show she had assets of £5million in order to get a visa.
Unknown to him she also allegedly borrowed £2.5million from two London businessmen.
Posman had become addicted to gambling and was spread-betting on movements on the German stock exchange.
But she lost huge amounts, racking up large debts to the spread-betting broker CMC Spread Bet and when she split from her husband she faced bankruptcy.
Lewes Crown Court in East Sussex heard that instead of declaring her debt she ‘tried to gamble her way of it’.
She misled her creditors by failing to declare a debt of £91,746.93 with CMC Spread Bet and then continued to bet with another firm.