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Sydney man charged for insider betting on Australian of the Year awards

January 16, 2024
in Australia
Reading Time: 1 min read
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A Sydney man has been charged with utilizing insider info to wager on the end result of 5 .
It is alleged the 47-year-old Collaroy man used info from a Commonwealth worker to put a sequence of bets on the awards between 2017 and 2021.
The Australian Prison Intelligence Fee reported betting irregularities within the 2021 awards to the Australian Federal Police, prompting the beginning of Operation Maridun.
The person has been charged underneath the operation with six counts of utilizing inside info for betting functions.
It is alleged he obtained $7542 from $1767 value of bets.

He’ll face the Downing Centre Courtroom in Sydney on Tuesday.

AFP Commander Stephen Nutt stated detecting and disrupting main monetary crime was a key precedence of the AFP.
“Illegal use of inside info undermines the integrity of occasions betting and downsides those that play by the principles,” Nutt stated.
“The misuse of official or privileged info additionally erodes public belief in our establishments.”

Operation Maridun stays an open investigation.

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Tags: AustralianawardsbettingchargedInsidermanSydneyyear
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