Owning Mahowny

Owning Mahowny is a 2003 biopic movie about gambling addiction with a cast that includes Philip Seymour Hoffman, Minnie Driver and John Hurt.

The real-life 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. Molony's story was told in the best-selling 1987 book Stung by journalist Gary Ross, which formed the basis for the screenplay.

Related Topics:
Canadian Imperial Bank of Commerce - 1987

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In an interview on the web site of Stung publishers McClelland and Stewart, Ross says he has kept in touch with Molony and updated what happened to him after the events portrayed in the movie. Molony served six years in prison after pleading guilty to fraud. He has not gambled since his arrest, has married his girlfriend (Belinda in the movie), has three sons and works as a financial consultant.

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