Overview

• Officers executed a warrant in Camden on 9 September and arrested a man on suspicion of fraud by false representation before releasing him on bail pending further enquiries.
• The syndicate, launched in 2017 by football analyst Rory Campbell, used traders and mathematical models to place as many as 80 bets a week across major European leagues.
• More than 50 backers were left out of pocket when the operation collapsed in December, with reported individual losses of up to £500,000 and Campbell’s parents among those affected.
• Investors reported withdrawal delays in 2023, were warned in July 2024 they might receive only 50–65% of their capital, and were later told bad debts with Asian bookmakers were to blame for the collapse.
• Media reports cite allegations of a Ponzi-style setup in which early investors were paid with new funds, while civil recovery efforts have included a county court claim and one investor’s pursuit of repayment before his death.