A gambling whiz kid who flaunted his lavish lifestyle before going underground amid claims he owed investors $126million has broken his silence to insist their money is safe as houses - despite having his assets frozen and being declared bankrupt. Chris Brown, 27, is besieged by multiple lawsuits by angry investors - many of whom are friends and family - who claim to have not seen returns from his bet-hedging operation.
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.
Mr Brown told 9 News the money was safe as houses and said creditors - such as his own grandparents Joan and Clarence Donovan - will get their money back.
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.