Investors are demanding answers from Rory Campbell, son of former Blair government strategist Alastair Campbell, regarding millions in missing funds from his sports betting syndicate.

Campbell, 37, recently informed investors that his soccer betting fund had collapsed, allegedly due to Asian sportsbooks failing to pay out winnings. The fund owes over £5 million to investors, including £300,000 to his father Alastair Campbell.

The situation has raised serious concerns as Campbell's main bet placer reportedly hadn't been paid since January 2023, yet investors weren't informed of any risks until mid-July. When promised returns failed to materialize in May, Campbell assured investors there was "no hole" in the fund and promised full payment by July's end.

Notable investors included experienced industry professionals, such as:

• A former Racing Post executive
• A British Horseracing Authority official
• A television racing presenter

According to the Racing Room betting podcast, investors repeatedly requested proof of the Asian bookmakers' non-payment but received no evidence. The syndicate had been profitable for seven of the last eight years, making the complete loss of funds particularly suspicious.

Settlement negotiations failed on Friday, leading one investor to file a £266,000 lawsuit in London county court. Others threaten to involve the Serious Fraud Office if Campbell doesn't provide a satisfactory explanation for the missing millions.

The case may now face criminal inquiry in the UK as investors demand transparency about their lost investments.

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