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Channel 9
Pickering embroiled in sports bet scam

Cartoonist Larry Pickering, father of 11 with a taste for the Champagne lifestyle, is exposed by Ken Gamble, a renowned specialist in detecting internet fraud. Using the alias Paul Perry and company name Cohen Strachan Investment (CSI Arbitrage) Pickering masterminded a highly sophisticated sports betting scam from the Australian Gold Coast. Lured into purchasing bogus sports betting software and backing non-existent sports betting traders in Hong Kong, some 300 investors lost millions of dollars. Queensland Police are now investigating after receiving a huge dossier of evidence compiled by Gamble.

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