68-year-old ex-Kent Police Sgt Mike Stanley sentenced to six years for running £44M horse racing betting scam, defrauding 6000 gamblers.
Former Kent Police Sergeant Mike Stanley, 68, was sentenced to six years in prison for running a fraudulent horse racing betting syndicate called Layezy Racing, scamming over 6,000 gamblers out of at least £44 million. Stanley misled clients into believing in a profitable betting formula while diverting funds for personal use. Many victims lost their life savings. He faces a five-year Serious Crime Prevention Order and a 15-year disqualification from directorship.
September 24, 2024
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