Brendan Fevola Approached Mobsters
Self confessed gambling addict Brendan Fevola was so desperate for cash he approached gangland king of the kids Mick Gatto for financial assistance, says Australia's underworld grapevine.
Informers allege Fev telephone to Mr Gatto last year asking for tens of thousands of dollars in short-term cash loans in attempt stave off loan sharkies. Gatto runs a construction and "consulting" business.
A Gold Coast underworld heavy made death threats Fev. Incidentally Australia's Surfers Paradise will be featured in an upcoming Underbelly series - slot 5 or 6 as Gambling911 understands.
Mr X claims the illegal moneylender threatened Fevola over an outstanding $70,000 grand.
"When they found out the loan shark had form, they paid up that day," Mr X said.
We understand that loan sharks from Victoria and the Gold Coast are on the hunt for Fev over a seven-figure debt, however proof of this is not in the public domain, unlike Fev's gambling addiction.
The self-confessed addict is understood to be paying a daily interest payment of $1,250 a day, or $8,750 a week!
"Even if Fev pays one debt, he owes money all over the place - it's a house of cards," a source said.
The rumour mill also says a Sydney based debt collector contacted the Carlton Football Club last September on behalf of an online betting agency to which Fevola owed a modest $5000. The call and flow on effects saw the situation resolved within hours after it looked like media leaks were about to factor in.
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