Thousands fear money has gone after members of Layezy Racing syndicate are told group suddenly closed Members were told Duff and Phelps have been appointed to 'process refunds' They poured money into syndicate, often borrowing against their properties Distraught member said: 'We are now worried there could be a major shortfall'
By Sportsmail Investigations Team
Published: 22:30 GMT, 7 February 2019 | Updated: 01:11 GMT, 8 February 2019
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Insolvency experts have asked members of a gambling syndicate that suddenly closed last week to detail how much they invested, with thousands of people fearing they have lost their money.