It's happened again (see pinned article above from a few years ago), but this time it's a lawyer that's the (alleged) crook! Law firm under investigation over bookies’ missing millions snippet The Victorian Bookmakers’ Association oversees a $10 million fund on behalf of its members, with about 20 per cent loaned out by AMS Ivanhoe to Melbourne first mortgagors. A source close to the bookmakers estimated at least $20 million in additional private investments had disappeared alongside $1.8 million from the association. The bookmakers’ association fears its $1.8 million investment is gone days before the biggest events on the spring racing calendar, including the Melbourne Cup, while one private investor could also be out of pocket an estimated $11 million. Apparently this has only come to light after the lawyer involved has died (although other reports suggest a death certificate hasn't yet been seen). More details in this RSN podcast . So rather than being a genius ti...
A blog about betting, trading, sport and some of the dodgy elements within them. www.sportismadeforbetting.com.