Conman Peter Foster arrested on beach

 

Gold Coast-based convicted conman Peter Foster has been arrested on a beach over a multimillion-dollar scam.

The 57-year-old was arrested on the beach in the up-market holiday destination Port Douglas, north of Cairns, just before 8am today.

It is understood Foster travelled recently from his palatial home on the Gold Coast and had inquired about buying a $1 million yacht moored at Port Douglas.

Three plain-clothed police officers arrested Foster as he was walking his two dogs along Seven Mile Beach this morning.

Peter Foster was arrested this morning. Picture: Mark Cranitch
Peter Foster was arrested this morning. Picture: Mark Cranitch

Sitting on the sand in handcuffs, one officer told a dazed Foster he was the subject of a NSW arrest warrant.

"I'm very worried about my little dogs," the serial fraudster replied.

It follows a lengthy investigation led by NSW Police into allegations Foster fleeced millions of dollars from investors through an online sports trading operation named Sports Predictions.

Peter Foster earlier this year.
Peter Foster earlier this year.

He is expected to be charged with more than a dozen offences, including fraud and money laundering, and extradited back to NSW.

It is not the first time Foster, who attracted infamy for his flashy lifestyle choices and celebrity associations, has been in handcuffs.

The career criminal has spent time behind bars in Australia, Vanuatu and Britain for everything from dodgy weight loss products to bogus sports trading.

He used his pin-up girlfriend Samantha Fox and the Duchess of York Sarah Ferguson to spruik his Bai Lin slimming tea in the 1980s.

Peter Foster. Picture: Richard Gosling
Peter Foster. Picture: Richard Gosling

He controversially helped the wife of then UK Prime Minister Tony Blair buy property at a discount before fleeing the country in the 2000s.

He was banned from being the director of a company and also popped up as a witness in the murder of Novy Chardon on the Gold Coast in 2013.

Foster had claimed he drew a jailhouse confession out of Ms Chardon's husband, businessman John Chardon, when the pair shared a jail cell in 2015.

Then in 2018, Foster was jailed for 18 months in NSW for using a fake name to dupe investors out of almost $30 million through the Sports Trading Club Scheme.

Since his release from prison he moved back to the Gold Coast, where he claimed in media interviews he had turned over a new leaf.

Originally published as Conman Peter Foster arrested on beach


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