Serial conman Peter Foster was arrested over a multimillion-dollar international sports betting scam. At the centre of the alleged fraud was the company, ‘Sport Predictions’, which claimed to use experts to place bets on sporting events. However, it is alleged the bets were never placed and the money was diverted to Foster, who laundered it through NSW.

https://www.theage.com.au/national/nsw/serial-fraudster-peter-foster-arrested-over-betting-scam-20200820-p55nhg.html