Fallon charged by City Of London police
Horse Racing Betting System
Top UK jockey Kieren Fallon has been charged by City Of London police with conspiracy to defraud.
Fallon, 41, is accused of conspiring to defraud customers of the online betting exchange Betfair.
In total 28 men have been charged in relation to allegations of fixing the outcomes of races between December 1, 2002 and September 2, 2004.
For Fallon it was a rapid change of fortune after winning the Irish Derby at The Curragh on Sunday as Coolmore's number one rider for trainer Aidan O'Brien.
The Racing Post reports that former racing syndicate director Miles Rodgers was also charged with conspiracy to defraud and an offence under the Proceeds of Crime Act.
The City of London Police investigation - codenamed Operation Crypton - has been hanging over the sport for more than two years.
The inquiry has been looking at more than 80 races and more than 130 officers have worked on the case.
The police have raided 19 addresses with the raids following alleged irregular betting on the UK internet exchange Betfair.
Betfair passed records from its tracking of betting patterns to the Jockey Club.
A police statement read: 'Two people have today been charged with offences relating to allegations of fixing the outcome of horse races between December 1, 2002 and September 2, 2004 and money-laundering as part of the City of London police's long-running investigation into horse racing corruption.
'All those charged will appear at City of London Magistrates' Court on Monday, July 17.
'All those on bail, 28 in total, are due to answer bail today.'
The police's long-running investigation is the largest of its type undertaken by the force. The first arrests were made in September 2004.
The Horseracing Regulatory Authority (formerly the Jockey Club) is expected to issue a statement later on Monday.
Fallon now cannot ride in England, but he will be able to continue in Ireland. However, he can appeal to the Horseracing Regulatory Authority to be able to continue to ride in England.
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