Two English Premier League Clubs Linked to Fraud Probe Worth £21million
News this week from the United Kingdom stating the arrest of a prominent gaming figure on the charge of fraud has caused quite the stir throughout the gambling industry world-over.
Paul Bell, the chief director of 666Bet has been taken into custody by Police at Heathrow airport as a dual investigation into the firm by HMRC and the National Crime Agency reached apex. The
UK-based gaming site, which has links to prominent English footballing figure Harry Redknapp as well as two Premier League Clubs, is believed to have committed up to £21million worth of fraud in the form of money laundering.
During the investigation some 13 properties were raided, an additional six individuals were arrested on top of Mr Bell and around £1million was seized in cash.
666Bet had begun a rise to prominence within the already heavily saturated UK market in the last year or two, last year penning ad deals with both West Bromwich Albion and Leicester City. As well as this, the company had contracted former Queens Park Rangers manager and onetime England national team prospect Harry Redknapp to appear in a series of television adverts.
Despite the inevitable PR backlash of the news, which has led to the company losing their accreditation from the UK Gambling commission, the group is denying all claims that the investigation has anything to do with the day to day operations of the customer facing side business, with Neil Andrews, the firms head of brand telling the Independent on Sunday: “I can categorically state the investigation does not relate to 666Bet’s activities in the gaming world.”
As of this morning the group’s website is offline, with their Official Twitter account stating that it is ‘under maintenance due to unforeseen circumstances.”