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https://www.echo-news.co.uk/news/23472821.epping-man-jailed-gambling-fraud-bet365/?ref=twtrec
AN Essex man has been jailed after he was convicted of conspiracy to commit fraud by false representation against online gambling company Bet365.
He was part of a syndicate which created online accounts to bet without the limitations placed on a single account.
He therefore collected bonuses to which he would never otherwise have been entitled.
AN Essex man has been jailed after he was convicted of conspiracy to commit fraud by false representation against online gambling company Bet365.
He was part of a syndicate which created online accounts to bet without the limitations placed on a single account.
He therefore collected bonuses to which he would never otherwise have been entitled.
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Replies: 96
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Five years. ?? surely its down to them to prevent such scams
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£236k ??
wow. did they mention denise is taking home £742,465 EVERY DAY courtesy of limiting anyone with a clue to buttons and targeting anyone her algorithms have signalled as "easy meat", often ruining their lives. |
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Hows about they stick a few of these crookster directors in the slammer by digging down into money laundering loopholes instead of issuing corporate fines.
5 years for bonus jiggery pokery- let him out if he's served 5 days. Judiciary as corrupt as it ever was  |
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What was his username on here?
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paris -- Five years. ?? surely its down to them to prevent such scams
Yes but in the same way as it is up to banks to keep our money safe, you'll still get a long stretch if you go in with a sawn-off. |
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thought this was an April Fools story.
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Someone has muddled the court papers, 5yrs for that is a joke, surely get reduced on an appeal.
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Got this from another website ...
This has been totally wrongly reported. The case was about multiple chargebacks against Santander. No one is going to prison for having more than one account with 365. |
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Not sure. According to the story (at the bottom) his co-defendant who pleaded guilty to the Santander fraud got 16 months suspended.
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Some further details because article is misleading
He had 150 accounts not 1000 and profited 80k over 6 years by employing matched betting strategy on bonuses. They disregarded the deposit value in the trial to make it look worse Bank fraud was lying about salary on mortgage — 5 years for copping minimum wage over a 6 year period. |
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It doesn't pass the smell test from the reports. If you were doing this on an industrial scale, it wouldn't just be one betting firm and using one bank would it.
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What's the chances of all the people stealing the covid related handouts getting similar treatment, rinsing the taxpayer for £billions. Somewhere between zero and none.
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Agreed. Something seems very wrong here.
How the feck can you be jailed for five years for fraudulently taking advantage of bookies (yet this is only b365) signing up bonuses? These bonuses are they to entice people. Get them in the door then fleece as many of them as possible. I’d say we haven’t heard anywhere near the full story. If we have then it’s a pitiful waste of time and money. A four week court case! |
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Strange old carry on.. What about the the misrepresentation that 356 are a bookmaker who take bets? They defraud individuals daily. Shows how the authorities view anyone making a living from punting though..
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On the face of it i think that if 12 of us were on the jury, the outcome would have been different, but of course we're not in possession of all the facts.
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Could be abuse by affiliate[s]
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Reminds me of a guy i knew at Corals he set a few bogus connect cards typical day punters come into the shop writes a bet out 50 0n one the guy behind the counter would tell the guy to take a price as it is being well backed the punter would take the price ie 3/1 the guy would then scan one his bogus cards horse wins 5/1 here you are sorry it went out any idea where the 100 went.
It was only a matter of time. Ronnie. |
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This is online only though (apparently). Impersonating people to open bank accounts (even if they have implied permission from the third party) on a mass scale is probably going to get you a custodial and cifas marker. The leap is why this collusion (apparently) only involved one bookie and bank. It's a pretty tedious affair anyway, just seemingly to take advantage of clean accounts for newbie loss leaders. Very odd. It would only make some sense if there was a particular loophole that could be exploited, related to 365.
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He probably just wanted a tenner on at the advertised price - and realised he would need 1,000 accounts to do that
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If some random defrauds you or me of the same amount, good luck getting anyone interested in even investigating, far less successfully taking it to court.
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The sentence and the verdict is for the fraud against the banks...santander in this case
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I am surprised he got 5 years,I have seen people put a glass in someone's face and get community service.
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Bizarre! The lack of details in the Racing Post does not even constitute a criminal offence - he was found not guilty of money laundering. 5 years for what? Trying to hookwink the bookies? Did Santander suffer and financial loss?
The reporting by the Racing Post is so one-sided I'm surprised it passed its editorial compliance. |
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Crazy sentence.
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Yes, this catch earned us all a few quid in the past until it became illegal. Now, the intellectuals, like me, have found other avenues to let money flow and return to us the richer! Good day, beaten heads.
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Reminds me of the privatisation days , my household grew to at least six people , easy money .
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Yes, I can remember the seventies, even before the Irish fools like the ones you know of. We had it all sewn up. Plenty of money was daily. We only had watch out for Blacky Fingers in Leeds Duncan Pub.
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Very odd. It would only make some sense if there was a particular loophole that could be exploited, related to 365.
365 did have generous sign-up offers which i'm sure some people & their "friends" benefitted from  |
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think i learnt never to take at face value whats printed by the MSM...
even 3 daze theyve uncovered another suspect who abducted madeleine mccann. |
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Five years clink for taking on B365's mythical largesse, designed by psychologists to suck in shoals of fish? Extraordinary sentence, the Judge's financial affairs should be forensically investigated! How many forumites on here have ever asked a mate to stick a bet on, on their behalf for whatever temporary reason, oblivious that it could be interpreted as unlawful and merit a spell in HMP? Racing Post once again proving it's under the control of its paymasters, the Bookmaking industry, and doesn't give a fig about the readers! Mind-blowing!
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I find the report too far-fetched to be believed unless the Racing Post is guilty of selective content disclosure/spurious reporting or cut and paste. I opened an account with 'Paddy' ages ago, won on 1st bet, and 'Paddy' welched on accompanying free bet promotion. How'd this bloke manage to do what he did for so long, and with one bookie and one bank?
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He and his accomplice were cleared of money laundering -
Bet 3 and 6 board should be doing time for facilitating that very crime. Funny old world |
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WTF was Essex CID doing getting involved is this non criminal activity (they admit massive hours of case investigation) when the county is being ravaged by out-of-control drug and burglary gangs?
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Probably should have only been given 3 years 6 months for defrauding hundres of thousands of pounds given his previous convictions.
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The Racing Post report is just a rewrite of the Essex Police press release that was printed more or less verbatim in OP's link.
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5 years is plausible because you can add multiple instances over a sustained time period of Wire Fraud and Money laundering.
They usually come down hard on this and it would’ve been easy for them considering 365 would’ve done most of the investigating for them. I just hope he was able to hide most of this for when he gets out. I’m guessing that’s the issue here…365 couldn’t get the funds back so went for the vengeance route. |
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so if this guy had done all this and lost any deposits.. would 356 have made sure when the activity came to light that they reimbursed all funds.. 1.01 that will be a no then
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@paris
"surely its down to them to prevent such scams" So if I lift a Rolex from a jewellers because the owner turned his back for two seconds, I shouldn't go down for it as it was down to him to keep his stock secure? |
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You have to see it from 365's point of view imo - you've gone to all the trouble of pretending you are a bookmaker, you've generated 1000 new accounts via all your fake prices and false advertising and then you generate zero degenerate slot/casino addicts from those 1000 accounts.
Poor Denise must feel like a fisherman that lost all her bait without even getting a bite. It's an outrage! |