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[1] While there happen to be quite a few ring-ins and also other illegal frauds in Australian racing, the Fine Cotton scandal is infamous in Australia a result of the involvement of a few of racing's elite.
Bookmakers in Sydney had observed The weird improve in the percentages and voiced their problems. The phrase ring-in was described, but almost nothing was elevated Together with the stewards. By the time the horses experienced attained the barrier, the whisper had come to be a little something far more.
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It's believed the conspirators would have netted over A£1.5 million Should the ring-in had proved effective. This scale of betting plunge was remarkably unconventional, so racing stewards have been previously suspicious prior to the race.
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They requested the registration papers for Fine Cotton to ensure they may verify the identity on the race winner; having said that, Fine Crystal Cotton Haitana absconded in the monitor devoid of complying using this type of request as well as the rip-off started to collapse. Daring Persona—alias Fine Cotton—was disqualified, and an official inquiry was opened. Along with the disqualification, runner-up Harbour Gold was awarded the race, and the various punters who experienced backed Fine Cotton didn't acquire any cash.
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