Turns out the new owner of Racing Santander is one big fraudster. This won't be doing the players morale any good.


[B][SIZE=2]Victim rails against $100 million 'fraudsters' [/SIZE][/B]

[B]Kate McClymont [/B]

March 7, 2011


KEITH JOHNSON, the largest residential land developer in NSW, is seething.

The millionaire property developer has confirmed he is a victim of a sophisticated international scam that has led to Australians being defrauded by up to $100 million.

''They are fraudsters,'' said Mr Johnson, referring to Western Gulf Advisory, which has offices in Bahrain and Switzerland.

''I can't let this go on and for other people...