A gambling whiz kid is flaunting his charmed life of boat parties, $200 bottles of wine, and long golf days while his investors chase him for millions of dollars they believe they are owed.
Chris Brown, 27, is besieged by multiple lawsuits and bankruptcy actions by angry investors who claim to have not seen returns from his bet-hedging operation, the West Australian reported.
Brown, from the ritzy Perth suburb of Dalkeith, claimed to pull big wins using his gambling model that cashes in on odds for horses shortening as races approach.
However, his financial backers claim when they ask where their slice of the profits is, they are told it is held up by banks, agencies, and authorities.
Gold Coast couple s Australian 4WD Hire company systematically lied to customers, Federal Court rules
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updated 5
Vitali Roesch and his wife have been banned from managing corporations for three years.
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A Russian-born businessman and his wife based on Queensland s Gold Coast have been told they face jail unless they repay tourists they ripped off through their outback car rental company, Australian 4WD Hire.
Key points:
They are liable to imprisonment or other punishment if they fail to do so
The court found their hire company lied to customers and its contracts were declared void
A damning Federal Court judgment has found their Australian 4WD Hire business systematically lied to customers and used unfair contracts to demand they pay the full costs of repairing or replacing damaged vehicles, even if there was no damage.
A Gold Coast 4WD hire company has been fined over $800,000 abusive emails and unfair contracts dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.