Marley’s House of Scam (MHS, MHI & Marley Wynter)

This story is courtesy of A Current Affair – Credit Dan Nolan – Channel 9 Australia

link here

 

https://9now.nine.com.au/a-current-affair/house-of-sport-failed-betting-company-owner-missing-in-action-as-investors-chase-millions/90f9d0cb-7ca0-43e1-804b-ba2dd3518e8f

 

 

Investors chase poker player over missing millions after failed sports betting scheme

 

 

Victims of an alleged Ponzi scheme fear they may never get their money back after the man they invested millions with disappeared without a trace.

It was called the House of Sport, but it’s now accused of being a ‘House of Scam’ and the man behind it, Marley Wynter, has disappeared.

 

The poker player promised juicy returns to investors through his horse and sports betting business House of Sport.

But Wynter’s house of cards collapsed earlier this year, with more than $40 million in returns owing.

Nicky Hotop was told about Wynter’s wizardry at finding winners by a friend who had invested and received juicy returns.

She invested $13,000, receiving regular reports on how much her investment was growing.

 

Her returns hit $95,000 but when it came time to withdraw, excuse after excuse emerged.

“One of my other daughters said, ‘Mum, this sounds like a Ponzi scheme’,” Nicky said.

“I’m like, ‘What is that?’ … It’s all lies. It’s all smoke and mirrors.”

“I hope he’s made accountable for the lives that he’s ruined.”

 

Craig Abernethy is also a poker player, but when he heard about returns of up to 400 per cent he feared there was a joker in the pack.

“There were quite a lot of red flags. There was no transparency, he never showed any betting slips,” Abernethy said.

“In reality, bookmakers will restrict winning punters well before they make a million dollars.”

“Some people withdrew their whole super and gave it to this guy, one person actually gave this guy $800k.

“You don’t know you’ve been ripped off until it’s too late.”

 

He also checked out claims made on the House of Sport website that $50,000 had been donated to a kids’ cancer charity.

The charity confirmed it never received a cent.

Burnt investors started contacting Abernethy with their tales of woe – so far he’s tallied up more than $3 million invested from 79 people.

 

“And the total stack balances like with all the return on investment was somewhere over $40 million,” Abernethy said.

But he claims the $40 million figure was as real as Monopoly money.

 

“Just pixels on a computer screen. You know, there’s just nothing behind it at all,” Abernethy said.

As investors chased their missing millions, Wynter assured them it wasn’t a Ponzi scheme and even gave some clients their money back.

But the House of Sport officially shut down in January last year, with Wynter claiming investors’ initial deposits were still available, but frozen by the banks.

Late last year, he disappeared, meaning those seeking compensation can’t even serve him with a legal claim.

Lawyer Brent Stowers is now representing 11 former investors, seeking more than $1 million they deposited.

 

“He has put a lot of blame on the banks, and said the banks have frozen his accounts for various reasons, including being too successful as a gambler,” Stowers said.

“They’ve been kept in the dark, they’ve been provided false information, they’ve been made promise after promise that hasn’t come through.”

Stowers was granted a Supreme Court order forcing Wynter’s former lawyer Bradford Hill to provide the latest contact details he has for the House of Sport boss.

“There’s probably a couple of things that my clients would like. First and most obvious is to find Marley, so that he can be served and that he can answer this case in court,” Stowers said.

 

“But most importantly my clients would like to have their lives back.”

A Current Affair understands both Queensland and New South Wales Police have received fraud complaints and a joint investigation is underway.

 

FULL NSW POLICE STATEMENT

NSW Police are aware Queensland Police are investigating a number of fraud offences.

NSW Police will assist as required.

FULL QUEENSLAND POLICE STATEMENT

Police are investigating a fraud complaint made on November 17, 2023.

Investigations into this report are ongoing.