The Betting Syndicate Fraud: How a Former Police Officer Stole £44 Million / Layezy Racing

A former Kent Police sergeant. A grandfather. A man who spent years telling over 6,000 people their money was safe in his hands. Michael Stanley ran the Layezy Racing Syndicate, a horse racing betting scheme he claimed was virtually risk-free. For years, the monthly reports he sent out appeared to prove it was working perfectly. They were complete fabrications…

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