Economics Frank and Glen are qualified accountants and partners in the firm, FG Accountants and Business Advisers. Frank advised an important client of the firm, William Ho, about investing in a business. William decided to go ahead with the investment and he transferred the investment funds into the firm’s trust account so that Frank could make the investment for him. Unknown to Glen, Frank has developed a gambling problem. Instead of making the investment for William, Frank takes the money from the firm’s trust account and gambles the money at High Roller Casinos. Unfortunately Frank lost all the money. William wants to recover his money, however Frank is not able to repay the money as he has accumulated large gambling debts. Advise William whether he can
