IAS international all sports limited

Agree heaps of stolen money through the bookies. Don't think...

  1. 631 Posts.
    Agree heaps of stolen money through the bookies. Don't think that's the issue. More an issue of if you can prove the bookie could have reasonably known it was stolen and if the people they stole it from has the money to push the issue. To be that's a yes on both counts. The report in the paper suggests IAS knew this guy was a bank manager at Karratha, a mug punter, an increasingly desparate punter and had lost $19 mill. What's a reasonable assumption to make about where the money is coming from?

    Court has already found bookies need to pay back 2.4 mill from the guy from K&S that stole. Bookies are appealling.

    Like I say I could be wrong but it's got to be a risk.

    Cheers
    hots
 
watchlist Created with Sketch. Add IAS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.