Conman Peter Foster Arrested in Queensland

Notorious conman Peter Foster has been arrested in Far North Queensland over a sports betting scam.

The 57-year-old was nabbed while walking along a Port Douglas beach about 8am on Aug 20.

The serial scam artist faces being extradited again to NSW and is expected to be charged over fraud-related offences.

He is currently being held at a Port Douglas police station until Sydney detectives arrive to escort him across the border.

Foster has been in and out of jail since 1995 for fraud offences including a multi-million dollar weight-loss scam.

He sparked turmoil for former British prime minister Tony Blair in 2002 when – acting as a financial advisor – he helped Blairs wife Cherie buy two discounted apartments.

The latest twist in Fosters tale comes after private investigator Ken Gamble claims he was alerted to fresh accusations of a betting scam by a “businessman in Asia”.

“The businessman felt hed been the victim of an elaborate scam and asked me to investigate in an effort to recover his investment,” Gamble said in a statement on Thursday.

Gamble is the head of IFW Global, a company which targets fraud and cybercrime.

He alleges Foster was acting under a false name as the operator of a sports trading company named Sport Predictions.

After several weeks of iRead More – Source