Rory Campbell’s £8M betting fund collapses amid fraud claims Elite investors lose thousands as probe into fund deepens Police arrest suspect after syndicate’s alleged false representation UK authorities have arrested an individual in connection with a collapsed £8 million (US$10.7 million) sports betting syndicate operated by Rory Campbell, son of former Tony Blair-era spin doctor Alastair Campbell. Rory Campbell, above, son of former Downing Street adviser Alastair Campbell, is under investigation over a collapsed £8 million betting syndicate. (Image: YouTube) London’s Metropolitan Police said in a statement Wednesday that a 37-year-old man, who is unnamed for legal reasons, had been taken into custody on suspicion of fraud by false representation and has been bailed pending further inquiries. Campbell, 37, told investors he used predictive mathematical models to gain an edge in the betting markets, but in December 2024 he claimed the scheme had collapsed because sportsbooks in Asia had failed to pay out winnings. Savvy Backers Campbell’s backers were far…Read MoreCategory: Betting Scandals, Crime & Scandals, Sports Betting, Alastair Campbell, betting syndicate, fraud investigation, Rory Campbell, sports bettingSource: Casino.org