What happened to Brian Molony?

Molony is now married with children, and works as a business consultant. A federal lawsuit, filed by the CIBC in 1982, contended that Caesars officials induced Molony to gamble even though they knew—or should have known—that the money could not possibly have been his.

What happened to Dan Mahowny?

By the time of his arrest, he had stolen — and gambled away — more than $10 million. After serving a six-year sentence, the former banker married the longtime girlfriend who stood by him (named Belinda in the movie, and played by Minnie Driver) and now lives quietly with his family in Ontario.

Is Owning Mahowny based on a true story?

Owning Mahowny is based on a real-life incident: Canadian Imperial Bank of Commerce clerk Brian Molony embezzled over $10 million from his employers in just 18 months to support his gambling habit. The Canadian Imperial Bank of Commerce took court action to recover funds from casinos in Atlantic City that enabled Mr.

What year was Owning Mahowny?

January 23, 2003
Owning Mahowny/Initial release

Who is Brian Molony and what did he do?

For the Australian rules footballer, see Brian Molony (footballer). Brian Molony is a Canadian self-admitted compulsive former gambler from Toronto, famous for embezzling millions from the Canadian Imperial Bank of Commerce, the second-largest bank in Canada, to feed his personal gambling habit.

How much money did Brian Patrick Molony steal?

Embezzling a total of $10.4 million from the Canadian Imperial Bank of Commerce, Brian Patrick Molony orchestrated the largest crime of its kind in the country’s history.

When was Brian Molony arrested in Atlantic City?

Molony was arrested on April 27, 1982, the day after he lost a million dollars at the tables at Caesars Atlantic City Hotel-Casino.

Why was Brian Molony Glum in Once Upon a city?

Brian Molony was at home playing bridge with friends as a college basketball championship game played out on TV. The teams were separated by one point when a star player missed two free throws in the final seconds. Molony was devastated. “Somebody says, ‘It’s just a game, why so glum, Brian?’ ” he recalled later.