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What could this be? Money related

(67 Posts)
MoneyProblem Tue 19-Nov-19 13:15:10

NC for this.

I’m going through old statements to sort out some financial bits. Statement of partners from last year. There are a few transactions I can’t understand.

Money comes in from ‘Hillside Sports GP’ and same amount is transferred out to a persons name.

I googled hillside sports and get a Gibraltar company? Is this some kind of dodgy tax thing? Can’t talk to partner until later when he’s home from work and I’m freaking myself out wondering what it can be.

Lockheart Tue 19-Nov-19 13:18:25

Noone on AIBU can tell you anything more than Google can. Unless the amounts are huge I really wouldn't be freaking out. Just ask your partner.

AnathemaPulsifer Tue 19-Nov-19 13:19:52

Looks like Hillside Sports GP is linked to Bet365. The transfers out are odd though.

Winterdaysarehere Tue 19-Nov-19 13:21:33

Transfer out to a mate's account?

Saltnpepper5 Tue 19-Nov-19 13:21:40

Linked to bet365

TheCanyon Tue 19-Nov-19 13:22:37

Bound to be betting. A friend with a gambling problem trying to keep it from a partner maybe?

LagunaBubbles Tue 19-Nov-19 13:23:27

Do you know the person who the no eybis being transferred to?

LagunaBubbles Tue 19-Nov-19 13:23:55

Money

tensmum1964 Tue 19-Nov-19 13:24:57

Strange, probably a simple explanation. Don't panic, just ask him later. Come back.and tell us as its intriguing.

thingsgetbetterf Tue 19-Nov-19 13:27:43

I'd say he has a friend who is using your partners bet365 account to gamble and he's won some so your partner has transferred the money to him.

My DP has a friend who has an issue with gambling so uses my DP account so he can keep an eye on it

Elbeagle Tue 19-Nov-19 13:28:53

Why are you panicking? Do you have concerns about him?
Chances are it’s a simple explanation.

MoneyProblem Tue 19-Nov-19 13:30:11

No I don’t know the person whose name it is.

One amount is for £9000, others are for £100s so not small amounts.

It could be gambling, but seems strange to have it paid into partners account when he’s not putting bets on? No money going out to betting sites. Would they let someone transfer winnings to another account?

FunnyInjury Tue 19-Nov-19 13:31:46

Just came to say this is B365 too!

Why would you be freaking out at something on your partners account, which I assume he has given you access too confused

Elbeagle Tue 19-Nov-19 13:32:01

Having looked up the name it definitely seems to be linked to betting.

LoyaltyBonus Tue 19-Nov-19 13:33:09

The person who deals with pay and pensions in school never seems to know anything. Is this possible or even a good idea?

The debit side is probably on a credit card?

Elieza Tue 19-Nov-19 13:34:10

Ask your partner who John smith (or whatever the guys name is) is first. See what he says. Then ask about the £9k.

UnfamousPoster Tue 19-Nov-19 13:34:26

Do you know anyone that has a gambling problem? It may be that your DP is effectively assisting them in hiding it by having the money go through his account which he then pays over.

Worst case scenario is that it's money laundering. How much are the amounts involved?

LoyaltyBonus Tue 19-Nov-19 13:35:36

Oops, not sure what happened there, sorry.

What I was trying to say is that the debit side of the transaction is probably on a credit card, either DP's or the friend's. I don't do online betting but I believe you set up an account balance with them and bets are placed from that.

£9000 is a really big win though.

SummerInSun Tue 19-Nov-19 13:40:36

Came on to say that Gibraltar almost certainly means online gambling, but I see others have beaten me to it!

MoneyProblem Tue 19-Nov-19 13:41:54

@FunnyInjury because it seems odd to have £1000s coming in and going out in strange transactions ? Because we’re looking to apply for a mortgage soon and if it’s anything dodgy it’s going to end up making things difficult for us and he doesn’t usually hide things from me.

Bobblebop Tue 19-Nov-19 13:43:13

It is definitely Bet365. I do matched betting and my first thought was someone has asked your DP to open an account in his name as it is one of the most lucrative for a matched better in terms of offers etc. Some people I know will pay £100s for use of a Bet365 account. It will be the other persons money, but it will have to go through your dps bank account because it has to be in same name etc.

Perch Tue 19-Nov-19 13:43:40

He is gambling
Dig some more you’ll find more sad

ClientListQueen Tue 19-Nov-19 13:45:26

Could be matched betting, it's a lucrative account (bet365) and I transfer a lot of money out from them but not necessarily payments in as that generally goes to the exchange

Stickybeaksid Tue 19-Nov-19 13:47:23

It’s another name for bet 365. Think it’s their parent company name.

foxyknoxy30 Tue 19-Nov-19 13:47:24

I imagine they are involved in a betting syndicate with matched betting

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