It was all lies.
The cash went into online betting accounts including Sportsbet, BetEasy, Ladbrokes and Tabcorp.
Wilson, a delivery driver, deposited more than $2.8 million into the accounts between August 2018 and November 2019, and in the same period placed bets totaling more than $18.2 million, the court was told.
He also convinced the elderly man – who “wasn’t as sharp” as he once was – to give him $18,000 for a car loan.
When the victim asked for the loan to be repaid, Wilson called him a “f—ing arsehole” and “piece of shit”. He told him to declare bankruptcy “like everyone else”, the court was told.
In a statement read out to court the victim, now 86, said he had worked hard all his life and was distraught about what happened.
“All this money is now gone and it has left me totally devastated,” he said.
“I will never recover from this.
“I attempted to take my own life due to the desperation I feel.”
During the hearing, defence barrister Damian Sheales said he wanted a report prepared on Wilson’s gambling problems, but it would not be finished until November.
“It’s on a scale I’ve not come across before,” he said of Wilson’s gambling problem.
Judge Trevor Wraight was concerned about the delays considering when the offending happened, the victim’s age and there were clear authorities in relation to gambling addictions.
The case will return to court in November.
Crisis support is available from Lifeline on 13 11 14.
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