"Rory Campbell launched the fund in 2017, vowing to beat the bookies with bets on games around Europe, including in England's Premier League and Spain's La Liga. Some were said to have lost up to 500,000 from their involvement in the failed fund. One of the investors reportedly died before receiving his money back. Campbell's father and mother Fiona Millar were reported to be facing losses running into hundreds of thousands of pounds relating to the alleged 5 million Ponzi-style pyramid scheme."
"Scotland Yard told the Standard: At 07.45am on Tuesday, September 9, officers executed a warrant at an address in Camden. A 37-year-old man was arrested on suspicion of fraud by false representation relating to a betting syndicate. He has since been bailed pending further enquiries. He cannot be named for legal reasons."
Rory Campbell launched a betting fund in 2017 that placed bets across European leagues, including the Premier League and La Liga. Several investors reportedly lost significant sums, with some losing up to 500,000. One investor is reported to have died before being repaid. Campbell's parents, including Fiona Millar, are reported to face losses running into hundreds of thousands of pounds connected to an alleged 5 million Ponzi-style pyramid scheme. Scotland Yard executed a warrant at a Camden address on September 9 at 07.45am. A 37-year-old man was arrested on suspicion of fraud by false representation relating to a betting syndicate and has been bailed pending further enquiries; he cannot be named for legal reasons.
Read at www.standard.co.uk
Unable to calculate read time
Collection
[
|
...
]