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Conman Apprehended for Sports Bet Swindle

August 28, 2020

- Grant Whittington

Source: pixabay.com
Peter Foster, a hustler with long-standing experience in cheating others out of money, has finally been detained in Australia. He stands accused of operating a multi-million dollar sports betting racket under the guise of a fake company called Sports Predictions. Police pounced on the fraudster at Northeast Australia’s Port Douglas beachfront where he was walking his dogs without a care in the world.

Apparently, Foster has been offering to provide experts to wager on bettors’ behalf. The promise remained unfulfilled, however. Foster took the money given him and laundered it in New South Wales instead, under the pseudonym Bill Dawson, aka Sports Predictions.

No Stranger to Fraud

This is not Peter Foster’s first rodeo by any means when it comes to conning unsuspecting folk out of their hard-earned money. He has been in prison in several different countries for related illegal activity and has spent time behind bars in Australia, Britain, and the United States of America.

In fact, he was very recently caught up in another caper connected to the global syndicate Sports Trading Club. As he tried to outmanoeuvre the authorities, he was chased by a television crew in his home before being caught by local police. He was also the head of an infamous gambling-related scheme similar to the one he’s currently being detained for called Sportalists which got shut down in 2012.

He doesn’t just trick bettors either. His scope has also included various product gyps related to weight loss. And he was one of the protagonists in one of the biggest political scandals in the history of the United Kingdom. He was helping Cherie Blair, wife of former PM Tony, to get her hands on properties at massively reduced prices in the early 2000s.

How Foster Was Brought to Book

A spokesman for the New South Wales Police said that their Queensland counterparts apprehended Foster on the morning of the 20th of August on charges of fraud. Extradition to New South Wales was applied for and approved and he now faces 15 different counts of illegal activity. 5 relate to the publishing of false material to obtain an advantage and 10 are connected to dishonestly getting a financial advantage by deception and intentionally dealing with the proceeds of a crime with the intent to conceal.

After a search warrant was received, items were seized at Foster’s house in Port Douglas. Police have been watching the crook for some time in relation to the allegations of this international crime, along with a very aptly named private investigator, Mr Ken Gamble.

Gamble had begun gathering data on the case after hearing the concerns of an international investor who was already out to the tune of AU$2 million. The PI is the chairman of IFW Global, an international asset recovery organisation.

Gamble spent some time investigating Sports Predictions and noticed at once that its ownership was being hidden, not available for public view. The website also did not offer its visitors any kind of transparency in terms of the promotions it was supposedly running.

Foster’s greed was ultimately his undoing, with Gamble managing to track him down after the PI received intelligence that the con artist was shopping for a luxury yacht. Moored in Port Douglas, the ocean-going vessel was valued at more than AU$1 million and Gamble immediately suspected that the grifter was getting ready to leave the country for good.

The private detective brought police up to date regarding the information he had on Foster and the rest, as they say, is history. The surprised-looking, dishevelled old man was caught on the beach and will now have to face the music.

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