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Morgan Stanley Employee Gambled Away Millions of Bank’s Funds, Strangled Wife

Written by:
Jagajeet Chiba
Published on:
Jan/08/2014
Morgan Stanley Employee Gambled Away Millions of Bank’s Funds, Strangled Wife

A former product controller at Morgan Stanley was terminated by the company after losing millions of dollars due to an “accounting error”.  Investigators also believe Manas Kapoor, 35, strangled his wife to death the same day he was to attend a disciplinary hearing.

Kapoor admitted he was £8,000 in debt and was borrowing from friends and family to support his gambling addiction.

His 35-year-old wife, Shivani Kapoor, was found dead last July at their home in Northwood, Middlesex, England.  Shivani reportedly confronted her husband over his gambling losses.

A hearing is currently being held to determine the former product controller’s fate.  Kapoor denies he murdered his wife, claiming she suffered from frequent blackouts and accidently fell and hit her head, resulting in death two days later.

Prosecutor Duncan Atkinson told Wood Green Crown Court: 'At 1.17pm on 10 July 2013, a call was made to the emergency services from their home address by the defendant.

'He said he had found his wife unconscious on the bedroom floor and thought she had fallen off a stool and hit her head and did not appear to be breathing.

'The emergency operator talked the defendant thought CPR techniques until paramedics arrived at 1.32pm.

'She was lying on the floor next to a plastic stool and the defendant surmised she had fallen from it when standing on it to get something from the wardrobe and struck her head on the cot.'

- Jagajeet Chiba, Gambling911.com

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