Charges considered in election date betting scandal
Up to five people – possibly including a politician – could face prosecution in the betting scandal over the date of the general election, Sky News can reveal.
A source has told Sky News: “The Gambling Commission is looking to prosecute at least three suspects, but possibly up to five. This includes a politician and a close protection guard.”
It is understood that the commission is not yet at the point of making an announcement and a spokesperson said the commission would not comment on an ongoing investigation.
“We clearly appreciate the level of public interest there is in this ongoing investigation,” a commission spokesperson told Sky News.
“But to protect the integrity of the investigation and to ensure a fair and just outcome, we are unable to comment further at this time, including the name of any person who may be under suspicion, or the total number of suspects.
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The investigation is into whether people placed bets on a 4 July election as a result of inside knowledge in the days leading up to the then prime minister Rishi Sunak’s shock announcement of an early poll on 22 May.
The election date betting scandal began in June when Craig Williams, formerly MP for Montgomeryshire and Mr Sunak’s parliamentary private secretary, admitted he was being investigated by the Gambling Commission.
Mr Williams had placed a £100 bet on a July election at Ladbrokes in his constituency just days before Mr Sunak’s announcement. Based on odds at the time, he would have won £500.
“I put a flutter on the general election some weeks ago,” he said in a post on X on 13 June. “This has resulted in some routine inquiries and I confirm I will fully co-operate with these.”
Next, just a week before polling day, Sky News revealed that Mr Sunak’s Downing Street chief of staff Liam Booth-Smith was being questioned by the commission, the statutory body that regulates betting in the UK, as a witness, not a suspect.
Craig Williams admitted to betting on the election date. Pic: PA
And during the Conservative Party Conference eight weeks ago, Sky News revealed that former deputy prime minister Sir Oliver Dowden had become the most senior ally of Mr Sunak to be interviewed in the official investigation.
Both Mr Booth-Smith and Sir Oliver were questioned as witnesses.
In late August, the Metropolitan Police announced that their detectives had concluded their role in the ongoing criminal investigation, though the Gambling Commission’s investigation continued.
The commission’s investigation is into whether bets placed were in breach of Section 42 of the Gambling Act 2005 (Cheating). The Met had been looking into whether other offences, most likely Misconduct in Public Office, could apply.
The Met said that based on the assessment of the evidence and the advice from the Crown Prosecution Service, it was determined that the high bar for Misconduct in Public Office to be proven was not met.
Making the announcement, Detective Superintendent Katherine Goodwin said: “These allegations caused a significant dent in public confidence during the election campaign and it was right that they were investigated to explore all possible offences.
“While our involvement in the criminal investigation now ceases, it’s important that is not misinterpreted as an all clear for those whose cases were looked at.
“There are still Gambling Act offences to consider and it is appropriate that they are taken forward by investigators from the Gambling Commission who have particular expertise in this field.
“Seven police officers who are alleged to have placed bets are still among those being investigated by the Gambling Commission. They also remain under investigation by the Met’s Directorate of Professional Standards.”
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On the day of the Met’s announcement, 23 August, Andrew Rhodes, chief executive of the Gambling Commission, said: “We have remained focused on our criminal investigation into confidential information being used to gain an unfair advantage when betting on the date of the general election.
“Our investigation continues to progress and we have interviewed several suspects under caution. We are continuing to interview a number of witnesses, who are co-operating with this criminal investigation, as well as gathering further documentary and electronic evidence.”
On Monday, 17 June an officer attached to the Royalty and Specialist Protection Command, was arrested on suspicion of Misconduct in Public Office and later bailed.
No further action is being taken against him in relation to that specific offence.
Haliey Welch, better known as the “Hawk tuah girl,” says the Federal Bureau of Investigation briefly probed her after her “memecoin disaster” — the failed launch of a token in her image that she promoted.
Welch said in a May 21 episode of her “Talk Tuah” podcast that the FBI showed up at her grandmother’s house looking to speak to her over the Hawk Tuah (HAWK) crypto token, which many crypto commentators have called an exit scam.
“After the coin launch, the feds came to granny’s house and knocked on her door, and she called me, having a heart attack, saying: ‘The FBI is here after you, what have you done?’”
Welch said she handed over her phone to the FBI and met with agents who “interrogated me, asking me questions and everything else related to crypto.”
“They cleared me, I was good to go,” Welch said.
Welch went viral for her response about an oral sex technique in a vox pop interview posted to YouTube in June.
The HAWK memecoin, based on her viral catchphrase, launched in early December and almost immediately lost 90% of its value and blockchain analytics firm Bubblemaps’ alleged insider wallets and snipers bought up and dumped massive quantities of the token at launch.
Welch said on her podcast that the Securities and Exchange Commission also asked for her phone, and she sent it off “for two or three days” before she was cleared.
Welch’s lawyer James Sallah told TMZ in March that the SEC “closed the investigation without making any findings against, or seeking any monetary sanctions from, Haliey.”
“I trusted the wrong people”
Welch admitted knowing very little about crypto before the HAWK memecoin and said she “trusted the wrong people” for the launch.
She claimed a company, which she said she couldn’t name for legal reasons, was in full control of her X account, which posted videos of her promoting the memecoin.
Welch said she was sent lines to record on video, which were then posted on her X account by someone she trusted but could also not legally name.
She added that on the day of HAWK’s launch, she “kind of knew something was up” and was pulled into a room where a team of people told her to talk on a livestream with YouTuber Stephen Findeisen, better known as Coffeezilla.
“Coffeezilla got on there and they’re like ‘Mute it, mute it,’” Welch said. “Nobody warned me about this guy at all, like nobody at all, they didn’t tell me he was like a crypto wizard, that’s exactly what he is — he ate me the fuck up.”
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Welch said she was only paid a marketing fee and “did not make a dime from the coin itself,” which she said had been totally spent on legal and public relations fees.
Despite being cleared of any legal wrongdoing, Welch took some accountability, admitting that she let many of her fans down who invested in the coin:
“It makes me feel really bad that they trusted me, and I led them to something that I did not have enough knowledge about. I did not have enough knowledge about crypto to be getting involved with it. And I knew that, but I got talked into it, and I trusted the wrong people.”
A group of HAWK buyers sued the alleged creators of the token in December, claiming Alex Schultz, the token’s backing Tuah the Moon Foundation, the token launchpad overHere Limited, and its founder Clinton So promoted and sold HAWK as an unregistered security.
Welch wasn’t named as a defendant.
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Has Labour got the right strategy to tackle Reform UK?
Nigel Farage’s party cost the Tories dozens, maybe 100-plus seats at the general election. Now it looks like the party is hitting Labour too. But has Sir Keir Starmer got the right answers?
Last year, Labour won a landslide because the Tory vote collapsed, in part because Reform UK took chunks of their supporters in constituencies across the UK.
And here is the situation on 1 May this year – the national equivalent vote share at the council elections put Reform well ahead in first place. Success – this time at the expense of Labour too.
How big a threat is this to MPs? As a very crude experiment, Sky News has looked at what would happen if this result was replicated evenly across parliamentary constituencies.
Within the areas where there were county council elections are 77 complete Westminster seats with sitting Labour MPs.
This includes places like Wycombe, where Treasury minister Emma Reynolds holds. Or Lincoln, won by Foreign Office minister Hamish Falconer.
Now if – for fun – we mapped the country council results from 1 May evenly across these general election constituencies, almost all those Labour seats are gone. All lost, apart from five. That’s 72 out of 77 Labour MPs losing their seats and mostly to Reform UK.
What if we took that swing an applied across the whole country, places where there weren’t local elections?
Angela Rayner in Greater Manchester and Jess Phillips in Birmingham would lose their seats.
Yes this is a crude measure – it assumes a uniform swing can be drawn from the 1 May polls – and local and national elections are very different.
But importantly, YouGov’s latest national opinion polls paint a similar picture to the council elections. Meanwhile, 89 out of 98 constituencies where Reform came second place have Labour in first. Labour MPs are feeling the heat from Farage.
The Reform threat is real. Sir Keir Starmer knows it – and this year has started chasing Reform votes. Slashing aid spending. Abandoning green promises. Hard talk about immigration and living on an “Island of Strangers”.
Sensible given the clear and evident Reform UK threat? Actually – maybe not. Look at the data in detail:
This block here is all the people who voted Labour in last year’s general election. Now thanks to YouGov polling, we know what people in this block would do with their vote now.
It shows Labour has lost more than half of last year’s voters. Just 46% still say they’d still vote for Sir Keir’s party. But – despite the PM’s strategy – they’re not actually going to Reform in large numbers.
Just 6% of Labour’s voters at last year’s general election – six out of every 100 – said they would vote Reform now. That’s all. So where have they gone?
Well, they’ve been lost much more to liberal and left-wing parties – 12% to the Lib Dems, 9% to the Greens.
So just pause there. That means the number of Labour voters who have switched to the Lib Dems and Greens, arguably on the left of the political spectrum, is three times the number going to Reform to the right.
Just 2% go to the Tories.
And much more seriously for Labour, 22% aren’t going to vote, don’t know or won’t say.
The bottom line is people who voted Reform have never backed Labour in large numbers.
This shows how Reform supporters last year voted in each election since 2005. You can see – Reform voters are former UKIP voters. They’re Boris Johnson’s Tories.
Let’s put it another way. While 11% of Labour voters may one day be open to voting Reform, 70% are at risk of going to the Lib Dems or Greens – seven times the threat from Reform.
And typically, these voters don’t like the hard line, Reform-leaning policies of Sir Keir Starmer recently.
The local elections show there is a threat to Labour from Reform. But our data suggests Keir Starmer trying to be Nigel Farage lite isn’t the answer.
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The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors.
The SEC said on May 20 that it charged Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former investment chief Alex Dominguez with misleading investors about certificates that conveyed rights to receive Unicoin tokens and stock.
Mark Cave, associate director in the SEC’s Division of Enforcement, claimed the trio “exploited thousands of investors with fictitious promises that its tokens, when issued, would be backed by real-world assets including an international portfolio of valuable real estate holdings.”
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“The real estate assets were worth a mere fraction of what the company claimed, and the majority of the company’s sales of rights certificates were illusory,” Cave added.
The SEC’s complaint, filed in a Manhattan federal court, charged Unicoin and the three executives with various securities laws violations and asks for permanent injunctive relief, along with paying back the allegedly ill-gotten gains.
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