THIS is the bankrupt gambler who helped to bring down the biggest home builder in NSW, and in so doing, inflicted financial misery on thousands of innocent people.
Mark Peters, 43, was a pest controller sub-contracted to Beechwood Homes when he convinced its owner, Larry King, to go into partnership with him and buy a string of thoroughbred racehorses.
No doubt they were thinking big. With King’s money and Peters’s know-how, they might have dreamt of an operation like the giant Woodlands Stud, built from scratch by the chicken kings Jack and Bob Ingham and sold in March for more than $460 million to the ruler of Dubai.
But three years later any dreams they had were shattered. “That partnership was the start of Larry’s demise,” said Gra…
Read the full article at: http://www.theherald.com.au/story/800925/too-few-controls-on-a-big-pest-with-a-punting-problem/?cs=4173
