Police investigating alleged £4 million betting investment fraud

An investigation is taking place into an alleged betting investment fraud involving the loss of nearly £4 million.

Monday, 15th July 2019, 3:29 pm
Sussex Police news
Sussex Police news

The offences are alleged to have taken place between 2009 and 2012, and involve victims from across the world.

A spokesman from Sussex Police said: “An investigation is taking place into an alleged betting investment fraud between 2009 and 2012, involving the loss of nearly £4 million for alleged number of victims across the UK and abroad.

“Two men, one aged 62 from West Sussex, and a man aged 50 from East Sussex, have been interviewed on suspicion of fraud by false representation and theft.

“We are in consultation with the CPS and enquiries continue.”

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