Bill Vlahos who ran The Punting Club has been arrested this morning in a raid at his Torquay property. Vlahos who owed $150 million to syndicate members has been subject to a two-year fraud squad investigation.
Bill Vlahos has been arrested at Torquay home according to reports. Being investigated for two years after bankruptcy of punting club.
— Horse Racing Pros (@horseracingpros) August 28, 2015
More to come…
Source:: http://www.justhorseracing.com.au/news/australian-racing/bill-vlahos-arrested/293148
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