Canbet Sportsbook payout issues update - Canbet Director comments..

[simply]

I just emailed them too mate. Hopefully we can push something along if enough of us do it

Links is not working- Removed-)

[benashey79]

This site might also be of help, it's consumer affairs for Melbourne - , I am not sure it will be relevant for a company that was registered in the UK but will check with them tomorrow or Monday.

[CunningStutns]

I am not good with English, but I will sent email also. Is this right mail? Or this ?

I just sent an email too:

[benashey79]

I just sent an email too:

Great, thanks

[simply]

Mail sent. Did anyone receive some respond from Heraldsun?

[simply]

That's the problem. If Canbet gets away with that without repercussions, then every bookie can do the same in case the business starts to go downstairs. Where is the logic? They can operate a risk free job? If things go well they earn, if things go bad, no problem, customers will pay.

Few years ago a new bookmaker (Getwin) opened, but they were inexperienced, followed slowly the line changes on the market, and had odds above the average all the time. So good bettors took advantage of that and make good winnings. After less then 2 months, they closed accounts to about 20 most winnings players (I was one of them), they paid their deposits back, and told the winnings will not be paid, because all that bettors were part of a betting syndicate (a lie of course). So they lead their business badly, and instead of pay for their mistakes, they tried to steal money owed to the customers. Of course players complained against them (to lga Malta), and you know what? After 3 months they paid ALL the owed money to the players, and sent a mail with apologies to everyone! And closed their website meantime.

So why Getwin had to follow the rules, and Canbet do not?

I didn't know for that, but interesting story with happy end. I don't know rules of Malta gambling commission, but UK Gambling commission clearly stated that they are not responsible for paying in case that bookmaker not pay customers.

[benashey79]

An interesting piece of information I picked up from another forum.
Peter Lord, Director of IGAS also owns or set up another, company called International academy of equine education who are advertising for staff, an accounts job would you believe, although it doesn't mention in the description, 'must be able to commit fraud, lie to customers and steal money' I'm sure it will be asked at the interview. It was listed feb 4th.
It's pretty obvious he is trying to do this all over again.

[GuybrushT]

I didn't know for that, but interesting story with happy end. I don't know rules of Malta gambling commission, but UK Gambling commission clearly stated that they are not responsible for paying in case that bookmaker not pay customers.

In the described case LGA Malta (that gave the licence to Getwin) FORCED the bookmaker owners to prove the accusations they launched, they were unable to do it and had to pay all to the players. And the important thing is that they went out of business meantime, so they haven't paid just to save their licence (and continue operating), because they needed no licence anymore. But still they have forced to pay. Because the law has to be followed.

So I don't want to believe Canbet can shit on the law!

[shari91]

An interesting piece of information I picked up from another forum.
Peter Lord, Director of IGAS also owns or set up another, company called International academy of equine education who are advertising for staff, an accounts job would you believe, although it doesn't mention in the description, 'must be able to commit fraud, lie to customers and steal money' I'm sure it will be asked at the interview. It was listed feb 4th.
It's pretty obvious he is trying to do this all over again.

Very interesting. A guy who lives in another state looking to hire someone for "our city Melbourne office" - aka also where Results Intl/IGAS is - to work for a company "specialising in Technology and Gaming".

Here is their ASIC info. I can't be bothered to pay another penny for these alleged frauds to see if this company is also operating out of that office now.

[GuybrushT]

Very interesting. A guy who lives in another state looking to hire someone for "our city Melbourne office" - aka also where Results Intl/IGAS is - to work for a company "specialising in Technology and Gaming".

Here is their ASIC info. I can't be bothered to pay another penny for these alleged frauds to see if this company is also operating out of that office now.

Does the fact that the guy has another betting company, change anything regarding the Canbet scam?

[FENDER1]

It could do. If its proved that he did something wrong at Canbet, then he could be banned from being a Company director with any other Company. Its time for one of Mr Lord"s famous emails assuring us that all will be well.

[tomallen123]

Got this reply from gambling commission via email.

[tomallen123]

2nd part of email

[mart sinc]

It sound's like the gc are washing there hands of the situation because they know legally they can't be held responsible,we are going to have to go down another avenue to get our money,surely if we can prove the directors have acted fraudulently we have a case, all that money must be somewhere

[FENDER1]

So the Auditors are still claiming that Canbet have the cash to pay everyone, so why don't they pay at least some players, make some effort. If they were Bankrupt, I would say OK, time to write it off, but that doesn't seem to be the case, I cant see the Auditors lying about this.

[mart sinc]

I still don't think it is a huge sum of money if they paid us all,most of these bookmakers turnover millions, they could get the money if they wanted to shut us up

[GuybrushT]

I still don't think it is a huge sum of money if they paid us all,most of these bookmakers turnover millions, they could get the money if they wanted to shut us up

That's what is particularly strange to me. I've read that they debt to the players is only few hundreds thousands, less then they paid to buy Canbet. I cannot believe they are destroying their reputation and risk trials for such a sum?! Doesn't make sense at all. :/

[dirtdog52658]

International Academy of Equine Education


Address:
365A Lawrence Hargrave Dr THIRROUL, 2515 NSW


Phone Number:
02 4268 5722

Another address for this place that I came across.

[mojobullfrog]

Shari, check your PMs if you can.

[dirtdog52658]

Someone else we can bother for information.

http://au.linkedin.com/pub/nicola-yates/31/582/a96

Nicola Yates

General Manager at International Academy of Equine Education
<dl id="headline" class="demographic-info adr" style="margin: 2px 0px 6px; border: 0px; outline: 0px; font-size: 13.2px; font-family: Arial, sans-serif; vertical-align: baseline; color: rgb(116, 116, 116);"><dd style="margin: 0px; padding: 0px 4px 0px 0px; border: 0px; outline: 0px; font-weight: inherit; font-style: inherit; font-family: inherit; vertical-align: baseline; display: inline;">Sydney Area, Australia </dd><dd class="industry" style="margin: 0px; padding: 0px 4px 0px 6px; border-width: 0px 0px 0px 1px; border-left-style: solid; border-left-color: rgb(204, 204, 204); outline: 0px; font-weight: inherit; font-style: inherit; font-family: inherit; vertical-align: baseline; display: inline;">Education Management

(Friends with Tania Paget who runs CHAPS AU.)

CHAPS AU is a few doors down from IAEE
CHAPS AU Administration, 393 Lawrence Hargarve Drive, Thirroul, NSW 2515


</dd></dl>

[benashey79]

It would seem that the companies web site he is director of, The International Academy of Equine Education has been taken down -

[benashey79]

and this one -

[dirtdog52658]

Verry Good effort by Shari91. ya $250000 should not be a big money for a bookmaker. guys lets request SBR and make a group on skype
SBR is not allowing the emil id's to be published. Hope SBR sympathies with us in this crisis.

A lot of people didn't file complaints 250k is what SBR has on file. I would say there is probably 4 or 5 times that owed.

[shari91]

Hey guys - I'm heading out for awhile so I'll respond to PMs when I get back but I wanted to post this before I forgot...

I spent ages this morning sleuthing for this one but I now know why I couldn't find their new website yesterday: The name is spelled wrong for Google searches. The site is resultsint.com and the pics on the site definitely seem to give a clear indication of what this new company is all about. According to WhoIs it was registered by Graeme White of Level 29, 55 Collins Street on Jan 8, 2014. Email address graemewhite@hughes.net. There's also this telephone # listed for Results Intl: +61.448498113. Graeme is also listed as the contact for the domains 1indiabet.com and 1indiabet.net registered in 2012. It was mentioned to me yesterday that the Results Int'l website originally showed Peter and Graeme's names but they scrubbed that info from the site a couple of days ago. Sadly for them Google never forgets and there you have Peter's mobile # for anyone who feels like speaking to the man himself.


ETA - I've found the pages they've scrubbed so will post them in here in a sec.

[MiloRambaldi]

[ATTACH]65360[/ATTACH]

Got this reply from gambling commission via email.

I'm still trying to understand the GC's official position. The letter says that they decided that "your complaint should not be upheld."

What was your complaint? That they didn't pay, or that they are still licensed?

[shari91]

[GuybrushT]

Hey guys - I'm heading out for awhile so I'll respond to PMs when I get back but I wanted to post this before I forgot...

I spent ages this morning sleuthing for this one but I now know why I couldn't find their new website yesterday: The name is spelled wrong for Google searches. The site is resultsint.com and the pics on the site definitely seem to give a clear indication of what this new company is all about. According to WhoIs it was registered by Graeme White of Level 29, 55 Collins Street on Jan 8, 2014. Email address graemewhite@hughes.net. There's also this telephone # listed for Results Intl: +61.448498113. Graeme is also listed as the contact for the domains 1indiabet.com and 1indiabet.net registered in 2012. It was mentioned to me yesterday that the Results Int'l website originally showed Peter and Graeme's names but they scrubbed that info from the site a couple of days ago. Sadly for them Google never forgets and there you have Peter's mobile # for anyone who feels like speaking to the man himself.


ETA - I've found the pages they've scrubbed so will post them in here in a sec.

He is opening a new bookmaker? The new "state of the art sportsbook"? He will have the "best" opening publicity ever if he doesn't pay Canbet customers.

[shari91]

Just so we can keep straight in here the stuff we've pieced together...

In June 2010 a company called AUSTRALIAN ACADEMY OF EQUINE EDUCATION PTY LTD was created. A month later on July 28, 2010 this company's name was changed to IGAS.




On the same date that the first horse sounding company's name was changed to IGAS, a second horsey company was created: The International Equine Group.



I haven't yet figured out why they went through the process of changing one horse company to IGAS only to go create another horse company on the same day.



In 2012 IGAS bought Canbet and started to slowpay people in 2013. Despite talk of "technical glitches" and repeated assurances of payment from IGAS' Directors Peter Lord and Graeme White and the UK Gambling Commission, IGAS went into receivership on Jan 31, 2014 and that process was finished on Feb 4, 2014.



Going back through the posts in this thread, Jan 31st (Aussie time) is also the day when the notice appeared on the Canbet site to now refer all correspondence to Delta. Which now makes sense why their whole receivership process only took 2 business days max, less depending on what time they filed the papers: All they did was transfer their one asset - % ownership of Canbet - over to their secured creditor Delta. Which corroborates what I was told yesterday about how people were shocked they could go broke because Delta gave these guys a lot of cash to keep Canbet going. When the cash ran out/disappeared, they gave Delta the only thing they have. Supposedly. And now Canbet's sitting in the hands of a company that doesn't even acknowledge its existence and they're let off the hook for paying you by the GC because of a stupid paragraph on Canbet's website.


Before IGAS went into receivership though, Peter Lord and Graeme White did two things three weeks earlier, both on the same date Jan 8, 2014 (all while telling people to hold off on those pesky court cases as you'll be paid by Jan 28th for sure):

1. Made some sort of change to IGAS' corporate structure (I suspect removing one or both of their names from the company but I haven't bought the docs to see for sure)




2. Created their new/current company called Results International. https://post.asic.gov.au/CustomerDro...Boe120DmW10%3D


Although they've currently scrubbed the Results Int'l website, from what I grabbed you might think this it's promising news...





..."hey, maybe Peter really was telling the truth when he told clients: 'As part of our current software upgrade, the company are launching a new state of the art sportsbook and a mobile betting platform in the coming weeks'." Or maybe they're getting out of the sportsbook business altogether and are going to pay everyone back with the money they make from this tech company.

But unfortunately that description of Results Int'l is word for word the exact same one they had for IGAS. All they've done is dropped the mention of having a UK license because they've obviously bled all they can from it and are sure to lose it soon anyway.

[shari91]

And just in case anyone might still have faith in these "alleged" crooks that they're doing their best to work through those glitches and will come back with a bigger and better Canbet (as if their silence isn't proof enough)...

What Peter's LinkedIn profile looked like on Jan 25th, 2014:




What you get when you click that same link today:




Instead he now has this one:



So that's where we're at. These guys are trying to erase IGAS from existence, everyone's apparently washed their hands of Canbet and pretend they don't have a clue about it and just like I was told yesterday, we can see from the Results website that this company has appeared to be set up to do exactly what they did with IGAS. Pretty smart of them to have the next company ready to go all while telling you guys to be patient, technical glitches, handing out bullshit deadlines, etc. The part that gets me is that I always thought alleged scammers like this would switch offices or at least change up their website for ffs. It takes some balls + massive arrogance to do what they're doing. And look at the profiles of the main staff they've kept on. These guys could go work at any major Aussie book for decent cash so something's keeping them there. They sure as hell wouldn't be working for free and I suspect they're getting paid more than they would elsewhere. Why else would they stick around?

Although I was pretty sure yesterday, it was confirmed to me today that they knew I was there and are keeping an eye on this thread. I'm sure they're watching elsewhere as well. If by some chance this was all just a big mistake and are working to make things right, they've had more than enough chances to make a statement to SBR or even just pop in this thread. If they're going to be so brazen as to set up shop in the same place, I'm going to keep paying them visits although this time I won't stupidly give them advance notice. I'm also going to contact my lawyer on Monday so he can recommend someone who deals with corporate law to see if there's anything you guys can do in Australia since it seems the UK is no help. If it means I have to stand in court myself on your behalf I will. Oh and I'm waiting for phone calls from someone I spoke to yesterday and also another person who worked with them... if any new news comes from that that I'm able to share I'll post it in here. Horrible feeling to watch people speak of killing themselves over this money when one of the guys responsible lives 15 minutes from me and the other was trotting around Singapore at the end of Nov on your dime. We'll keep trying.

[MichelleV]

Thanks now I know how he looks like! Great! Run, run as long as you can, I say. I'll find You. This planet is way too small. He will regret every bit of it!

[GuybrushT]

Thank you very much for your great help Shari! It is even greater because you don't have an account with Canbet, so they don't owe you nothing. And still you do everything you can to help as all! You are a great person for sure.

[onemoregoal]

what are you guys actually going to do with all this info?

[dirtdog52658]

what are you guys actually going to do with all this info?

There may be case that can be taken to court if you can prove he set up from the beginning to scam people. Offering huge deposit bonus and closing 3 months later only for everyone to find out hes been building another brand this whole time, shows that he had intentions of screwing people over which is illegal. When your company cannot pay its clients but can continue to dump 100's of thousands into staff and building a new brand you obviously were not broke and used clients money to build yourself a completely new business. This is classified as fraud and he should be thrown in jail.

[GuybrushT]

There may be case that can be taken to court if you can prove he set up from the beginning to scam people. Offering huge deposit bonus and closing 3 months later only for everyone to find out hes been building another brand this whole time, shows that he had intentions of screwing people over which is illegal. When your company cannot pay its clients but can continue to dump 100's of thousands into staff and building a new brand you obviously were not broke and used clients money to build yourself a completely new business. This is classified as fraud and he should be thrown in jail.

Exactly. All the time we thought they were broke (but that would be strange, knowing they got a lot of money from bonus deposits last months), but as we see it now, the true is totally different. Is not that they cannot pay, they DON'T WANT!

[Fred87]

Thanks shari91 for your help.
I think one cash crop should be created (with super vision of SBR) to advance to the court in order to not allow these thieves continue to do this kind of schemes, as if nothing happened.
I want justice, i deposited in canbet in November, was robbed. I have e-mails encouraging me to deposit.

sorry bad english