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Layezy Racing.
Layezy Racing.
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salmon spray 31 Jan 19 11:52 Joined: 10 Jan 07 | Topic/replies: 45,551 | Blogger: salmon spray's blog @ Rozelkid. Who do you think is providing such huge returns on investments from his gambling. Bookies ? Exchanges ? Has to come from somewhere. Or is that too "speculative" for you ? @Salmon Spray Id imagine it would be with any place he could get a bet on at the best price - wouldnt you ?  |
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@Rozelkid
The naive one is you in this instance. His operation clearly says you pay him a fee, which he will gamble for you to make you winnings and guarantee's a profitable returns. No matter how you dress that up, it's a collective investment scheme, and to guarantee profits is foolish and impossible. There are no complaints as only small people have been able to withdraw, the mail has even stated a number of clients have contacted them and informed them that Mike has IGNORED their emails to him about their investment. This has to be hugely worrying. You can't bet with OPM on any bookmaker and betting exchange, this is a major factor to KYC. @Posy Steve was paid for the adverts he done, we approached him via Social Media and he confirmed he was just paid a fee to attend events, and to be on adverts, he had no investment in the business, involvement and got a commission of sign ups that were present when he endorsed it at social events. I don't how evolved Darren was, he's always claimed he was just the front man and it was all Graham Bradbury. A few years ago (2012) we went to Sheffield to meet Graham, which was when he got my FIL to move his money into Winning Express and purely blamed the FCA and said he had moved off a lot of the money, my FIL wish he walked away then with a loss, Winning Express was clearly set up just to scam people, new blood and the old blood in Cherries. |
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I didn't mean Rachel either Posy, I meant Suzanne Binks, the ex wife of Graham, who was very much involved in Cherries and later Winning Express. Whether it was Graham, or Graham, Suzanne and Darren Bate I don't know, but it was deffo a scam. This Layezy Racing has all the same hallmarks.
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@Domino14
You talk about "collective Investment Schemes" - There are two types of collective investments schemes with regards to how the regulator defines them - regulated and unregulated - the unregulated type is what may be the case here but its most likely that it wont even fit that definition imo .....this is GAMBLING ON HORSES ! Its not property , its not stock , or Bonds ! But for the purposes of your interpretation - Unregulated Investment Schemes are totally legal if certain conditions are not breached i.e if he is not promoting his betting syndicate to the general public . Now Domino, i think you need to calm down and wait until you have some more solid sources - we dont know yet if these allegations can be proven - for all we know this guy might have stolen money off Paul to pay Peter - we just dont know. Just chill out ffs - we might have to have you excused from the bench as you want to pronounce judgements based on what the Newspapers say. |
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Jan 29, 2019 -- 4:46PM, pablo-fanque wrote:
I think what he might have been doing is instead of the traditional model, where connections and trainers bet on their own stock for their own individual reward ( like what most happens today ) , is that he tried to take that model to another level of betting on behalf of the racing club's members to almost guarantee returns rozelkid , do you mean guarantee returns by laying there own horses ? No , he would be totally stupid if he did that - Its against the rules of racing to lay your horses on the exchange under the BHA rules . thanks . can you explain how he can "almost guarantee returns" by betting on horses if he's not laying his horses as that is illegal , and he's not "where connections and trainers bet on their own stock for their own individual reward " , as you say he's taken that model to another level .  |
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Pablo-
He could lay horses - but just not his own. I believe thats the rule. He could be betting any horses.... they dont have to be owned the club - for eg i wouldn't be surprised if they all hammered the John Best horses this month Its irrelevant anyway - its unregulated and no ones business. |
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If I had "invested" with him I might consider it my business.
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@rozelkid
in the uk an unregulated collective investment scheme can only be legally operated and marketed by a regulated organisation. |
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I think what he might have been doing is instead of the traditional model, where connections and trainers bet on their own stock for their own individual reward ( like what most happens today ) , is that he tried to take that model to another level of betting on behalf of the racing club's members to almost guarantee returns rozelkid
apologies, it's the way that you worded your post that implied that you knew what he was doing to "almost guarantee profits" but you never explained what it was . |
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btw this is a grey area eg I really don't see Tony Bloom risking a stretch in Lewes prison
They have a huge sum of money on the line because they are in charge of the biggest gambling syndicate in Britain, believed to make up to £100 million, or $145 million, in a good year. https://www.businessinsider.com/inside-story-star-lizard-tony-bloom-2016-2?r=US&IR=T . |
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As a result of recent events and media attention, the Layezy Owners Club and Betting Syndicate are to be brought to a close. I am in the process of appointing financial experts to oversee the return of investments. A further update will be provided with contact details on Monday.
Best wishes Mike |
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Does this mean the Golden Goose has stopped laying?
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goose says am I going to the next hit sale?
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Be interesting to see "what" members are returned and if the profits he claimed are actually true and accurate.
Dave1357 - Tony informs all his clients what is being bet and gives full statements to his clients by all accounts, therefore everyone knows what is in the pot, whats bet, what is made. Layezy effectively said give us £20K, and every year we will tell you how much your money is worth, huge difference. I was told yesterday, the BHA has suspended his ownership and put a block on runners until they could receive proof of who owns the horses, and how they are financed. I would imagine his betting accounts have also been frozen and therefore he is now bringing in financial experts to work out how to pay people back, as I'm sure he will give some story to investors, about how accounts are frozen and there will be a delay in returning funds. |
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Tony informs all his clients what is being bet and gives full statements to his clients by all accounts, therefore everyone knows what is in the pot, whats bet, what is made.
That might well be the case, but that doesn't stop the area being legally grey. I imagine that pretty quickly reimbursing funds (or offering to) after a winning bet(s) might just be enough. |
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I wonder who Bloom uses for syndicate banking. Can't be anyone big as the activity would be a compliance nightmare.
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I do not see how Tony Bloom is involved in this or have I missed something?
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no he isn't and yes you've missed something
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Things like this stay quiet until something goes tits up, when people stop getting paid, is when there is problems.
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Can't understand why he needs to appoint finance experts;surely all he needs to do is metaphorically write out cheques to repay his depositors/investors. Be certain if he's appointed reputable accountants they'll be charging huge fees especially if the accounts are in a mess.
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The mail all over this again today.
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when asked where the rest of the money is, i'm waiting for the Venezuelans to say "we know nothing senor, we are from caracas"
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Layezy sounds like a hammock you'd get off one of those shopping channels.
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I've not read the whole thread by any means and there are some in depth and long posts. I would consider myself to be of below average intelligence on the whole but I would NEVER get involved with any tipster scheme, any get rich quick scheme, any sure fire winner scheme etc and anyone who does deserves everything they get.
You can put up long winded posts all you like, the fact is if someone has a sure fire money making scheme the last thing they would do if they were genuine is share it with anyone else. I realise 99% of people reading this will have the same view as me but to the other 1% if you get anything like this offered to you in future put it where it belongs straight away. |
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Started in 1920 with Charles Ponzi and still going strong doubt this will make the Ponzi top ten
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I'd love to see one of these syndicates run one called Charles Ponzi.
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South Sea Bubble ?
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Owned/bred by a lady:
South Sea Bubble (IRE) (21Feb92 b m) Sire Bustino (GB) (11.3f) Dam Night At Sea (GB) Dam's Sire Night Shift (USA) (8f) Breeder Lady Juliet De Chair Trainer Luca Cumani Racing Owner Lady Juliet De Chair |
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Tar.
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Agree with nonaynever 100%.
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JRM's mother in law
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Where?
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plc limted all above board WE have horses in training all over place ? Appears to be owner of said firm Posting
Thread should be removed SPAM SHYTE |
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Where's Rozelkid gone to ?
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Im here salmon - just watching the public hanging of someone before any charges have been brought.
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You have our full support.
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lkjhgfdsazxcvbnm • January 22, 2019 11:15 AM GMT
plc limted all above board we have horses in training all over place Original poster not been seen for 10 days !!!   |
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Yes I'd forgotten about him.
I don't THINK he was the OP. Ribero made the opening post I THINK,which must have been removed. I may be being naive but I didn't get the impression he was spamming. He'd obviously read the critical piece in The Mail. The chap GLASGOW is quotong does seem to be....er...more closely involved with this lot and as he says hasn't been seen for a while. Not sure what RozelKid's role was,if any. |
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lol @ forum moderators. ribero's initial post was something like "any members on here". That has been bizarrely removed.
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