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Bogus Betting System Scammer Jailed For 5 years
Saturday June 1, 2013 : 'KING OF BETFAIR' COMES SHORT
5 years in prison will be a chance to reflect on conning family friends out of GBP 400,000
Twenty-six-year-old Elliott Short, who claimed to be the King of Betfair after convincing family friends to sink GBP 400,000 into his bogus betting system on the betting exchange was jailed for five years this week.
It was the end of a rich lifestyle built on fraud that saw Short chauffeured around in a Mercedes, staying at upmarket hotels, clubbing it large in London nightspots, holidaying overseas and spending big on fashionable clothes from top retailers.
Short boasted that he could make extremely high returns using his bogus 'system' on Betfair, a Southwark crown court heard. But the system never worked and Betfair said Short quoted impossible figures.
The fraudster even managed to dupe the News of the World into running a story about his gambling success, convincing reporters he had netted more than GBP 21 million from his system. The newspaper had the embarrassment of having to subsequently publish a retraction.
After a jury convicted Short, Judge Peter Testar did not mince his words in condemning the fraudster, saying he had "lied shamefully through his teeth" in conning money from his victims.
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
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3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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