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Tuesday, December 09, 2014

Sports betting tout Adam Meyer charged in $25 million scam

Tout n’est pas bien, or “There’s Money in Them Spreadsheets!”

Adam Meyer, a nationally known sports betting tout, was arrested Tuesday morning on charges he used fraud and threats to scam $25 million from a Fond du Lac area man, according to an indictment unsealed Tuesday.

....

As a sports tout, Meyer charges up to $250,000 to provide gamblers with his predictions on the outcome of major college and professional sports including football, basketball and baseball, the indictment states. Meyer owns Real Money Sports Inc. and claims to employ more than 130 sports experts, including ex-players and a 60% winning percentage.

 

The Fallen Reputation of Billy Jo Robidoux Posted: December 09, 2014 at 04:11 PM | 11 comment(s)
  Beats: gambling, predictions, scams

 

 

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