Always back the horse named self-interest, son. It'll be the only one trying
The Coroners Court of Victoria has launched an investigation into the death of lawyer John Adams, the former director of a suburban law firm who allegedly lost up to $100 million of client funds in an apparent Ponzi scheme. Major discrepancies in the firm’s trust accounts were discovered by staff just days after Adams’ death. […]
The picture above is taken from a property search we conducted on the dead scammer John Adams mansion at Lorne, the luxury house that stolen money bought and built. Take notice of the folio number on the property, for ease of later identification. This is the mansion at Lorne below. There are some quite curious […]
What links a staid suburban law practice to strip clubs and gangster pubs, big betting, AFL football clubs and racing? In the case of the late John Bernard Adams, the enigmatic figure at the centre of what threatens to be Australia’s biggest Ponzi scheme, it’s the network of contacts he gathered over several decades. One […]
At the time of his death John Adams, the lawyer at the centre of the Great Bookie’s Scam, was a Director of companies. These companies are listed below. (Important Note – We make no allegation or suggestion that any of these companies or any of their office holders were in any way involved in or […]
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 brilliant pacer Captain Ravishing will not be going direct into the Breeders Crown 4yo on November 18 as reported on Harnesslink owner Hass Taiba told us this morning. There has been a change of plan of plan for the crack horse who obliterated his rivals in the Bonanza this year at Melton running 1.50.9. […]
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 […]
A month ago we broke a story about trainer Wayne Potter having thrown a positive swab to a banned substance with his start juvenile trotter The Locomotive after a big win at Melton. We received a call from a person connected to the stable advising that our story wasn’t right, so based on that information […]
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 […]
