Always back the horse named self-interest, son. It'll be the only one trying
https://www.smh.com.au/national/victoria/bank-account-discovery-in-100m-ponzi-scheme-probe-20231101-p5egpa.html The latest news on the Bookie Scam Scandal is that a secret Commonwealth bank account used to transact all the cash in the AMS scam mortgage scheme that was claimed to have been run flying solo by the dead man who can tell no tales John Adams has been discovered. In an ominous sign […]
The boss of wagering giant Sportsbet says racing must do more to hero its stars to grow its fan base and remain entertaining. With other sports growing quicker in terms of the wagering pie, Sportsbet chief executive Barni Evans says racing must pull out its trump cards and unique qualities. “To stay fun and entertaining, […]
This excellent article by Joe Aston about Sportsbet CEO Barni Evans and his company Sportsbet appeared in the Australian Financial Review on the 22nd of March 2023. It is well worth re-reading in light of Ben Dorries feather touch interview with the Sportsbet CEO that was published on Racenet yesterday, to give some context to […]
To stay fun and entertaining, racing needs positive role models and influencers Most people don’t realise, but it is one of the few sports in the world where both men and women compete equally against each other. By celebrating this, the heroes and the history, racing has an amazing narrative that fans can be emotionally […]
Leading figures in wagering, the law and sport are trapped in the Ponzi scandal now shaping to overtake the Melissa Caddick rort that stripped $30m from its victims. One estimate is that close to $100m has been lured from investors with false promises of well-secured mortgage loans. The Victorian Bookmakers’ Association has confirmed it has $1.8m at […]
VBA Investments A number of law firms offer mortgage investment services and invest funds on behalf of their clients by loaning those funds to residential borrowers, and arranging a first ranking mortgage in favour of the investor. These arrangements are often referred to as solicitor mortgage loans or mortgage investments. The VBA has invested $1.8 […]
In it’s presumed wisdom, the Victorian Bookmakers Association (VBA) has seen fit yesterday to send a letter to all of it’s members specifically addressing the stories published over the past 3 days on this website about the disappearance of the bookies guarantee money, and describing them as inaccurate. The VBA also says in the letter […]
In their wisdom – or lack of it – the Victorian Bookmaker’s Association (VBA) is said to have invested all of the betting default guarantee bond money that it’s members have entrusted them to manage into what appears to be a Ponzi scheme run by the recently sadly departed to the great racetrack in the […]
Extraordinary news is coming out of the Sydney ring this afternoon that all the funds in the Victorian Bookmakers Association Joint and Several Provident Fund have disappeared overnight in what appears to be a Ponzi scheme. The approximately $3 million that was in the fund had been invested in first mortgage business operated by a […]
More information has emerged about the scandal that’s erupting in regards to the disappearance of many millions of dollars deposited with lawyer John Adams in a first mortgage scheme, including all the money in the Victorian Bookmakers Association bet guarantee fund. It seems that the money was supposedly loaned out to homeowners who were short […]
