Debt firm worker stole £380,000 to feed gambling addiction after bookmakers offered him free bets

Debt firm worker stole £380,000 from his employers to feed gambling addiction after bookmakers offered him free bets and hospitality at Cheltenham races Glyn Rothwell, 36, stole money from debt management firm Harrington Brooks    He used unwitting colleagues to ‘approve’ payments which went to his account Inquiries revealed 343 fraudulent transactions occurred between 2015 and … Read more

How to hedge your bets all over the world as UK returns fall

Investors seeking new ways to boost their income following the collapse in UK dividend payouts should consider exploring overseas funds, experts say. While average dividends have tumbled by about 50 per cent in Britain, those companies based abroad have lowered payouts closer to 20 per cent. And while overseas yields – the payout you get … Read more

Beware ‘bedroom traders’ boasting of fortunes made from currency bets

Connor Walsh claims to have it all. A Lamborghini, the freedom of a £3 million mansion and a jet-setting job — all by the age of 25. Standing in front of his indoor swimming pool, he starts to tell his 138,000 Instagram followers how he did it. He struts over to his home bar and … Read more

Zuckerberg fund bets $100m on coronavirus cures

Zuckerberg fund builds $100m stake in biotech company working with GlaxoSmithKline on coronavirus cures By Jamie Nimmo, Financial Mail On Sunday Published: 21:59 BST, 30 May 2020 | Updated: 21:59 BST, 30 May 2020 A secretive investment firm that manages money for Silicon Valley moguls including Mark Zuckerberg has quietly built a $100million stake in … Read more

MARKET REPORT: Plus 500 windfall from bets on choppy markets

It is little surprise that retail investors have wanted a piece of the action as stock markets have gone topsy-turvy over the last few weeks. Figures from trading platform Plus 500 yesterday showed the scale of this enthusiasm. Revenue in the first three months of the year soared to £252.5million, a whopping 487 per cent … Read more

Long-term recovery bets – but only for the brave

Family, friends and colleagues, separated by the lockdown, are often ending video chat sessions with the phrases, ‘Stay well!’ and ‘See you on the other side.’  We are all wondering how life will look when we do meet again, trying to assess the impact on relationships, businesses and the economy.  The stock market rally earlier … Read more

Online gambling sites begin taking bets on how the coronavirus will spread

Online gambling sites begin taking bets on how the coronavirus will spread as professional sports leagues shut down and leave them struggling to make up lost revenue Some online gambling sites have begun taking prop bets on COVID-19’s spread Sites in Russia will take bets on city shutdowns, toilet paper shortages and more The estimated … Read more

Hedge fund tycoon Crispin Odey bets on Sirius Minerals bidding war

Hedge fund tycoon Crispin Odey bets on Sirius bidding war as shareholders approve £405m Anglo American takeover By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 4 March 2020 | Updated: 22:06 GMT, 4 March 2020 The hedge fund managed by millionaire Crispin Odey is talking up the prospect of a bidding war breaking … Read more