ING To pay money to cheated clients

ING Direct which offers the Orange account the will pay as much as 1 million to clients who were cheated out of money after one of its Brokers gambled away money from clients. According to Reuters, "William Galvin, the state's secretary of the Commonwealth, said Peter Tzamalas spent hundreds of thousands of dollars of his clients' money at Trump casinos in Atlantic City and Foxwoods and Mohegan Sun casinos in Connecticut".

Since of late the Orange Account ads are everywhere. With this tragic news the company may have problems gaining new clients, because there is no physical presence.