Always back the horse named self-interest, son. It'll be the only one trying
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 […]
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 […]
