Conman Peter Foster Arrested in Queensland

By AAP
August 20, 2020 Updated: August 20, 2020

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 Blair’s wife Cherie buy two discounted apartments.

The latest twist in Foster’s 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 he’d 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 investigation, he says he tracked Foster to Port Douglas where he was apparently seeking to buy a luxury yacht.

Gamble referred the complaint to NSW Police, who conducted their own inquiries before issuing a warrant to Queensland Police for Foster’s arrest.

It is not the first time IFW has been involved in capturing the conman.

In 2014, they were hired by a media organisation to locate Foster in northern NSW.

Sophie Moore in Sydney