Investor funds in sports betting syndicate Sports Trading Club are feared to be at risk after it was alleged that Peter Foster, an Australian conman with links to the wife of ex-UK Prime Minister Tony Blair, is behind the venture.

The links were reported in the Australian media following Foster’s arrest in the Byron Bay area of New South Wales after evading a warrant for his arrest for the past year.

The warrant concerned Foster’s failure to attend a hearing and sentencing for breaching a ban on selling supposed weight-loss supplements.

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