Raeburn had first become prominent four years ago, as the owner of several greyhound racing tracks. The first time Roger had suspected him of criminal activity was after a series of dopings and an outcry among backers and bookmakers. No case had been proved, but the Yard had become very interested in Raeburn. He was wealthy, and had been wealthy before he had opened his greyhound tracks. He had bought small house property in country and coastal areas when it was cheap, and sold at a large profit. He had dealt first in land, then in various commodities, but no groceries. He had soon prospered enough to buy several provincial newspapers; it was freely rumoured that he was now the chief shareholder in The Cry Newspapers, Ltd., proprietor of the Morning Cry and the Evening Cry, each of which had a mammoth circulation. Recently he had bought up small circuits of provincial theatres and cinemas, owned several super-cinemas in London, and was behind two large independent television companies. Odds-on pools were his, and everything he touched made money.

One very interesting factor emerged: Among Raeburn’s acquaintances were several men, rather like Halliwell, who had been caught and convicted of insurance and other frauds. The latest to be caught was a builder who had dreamed up a brilliantly clever scheme to defraud building societies. This man had done a great deal of work for Raeburn, but always on licence. The builder was not cap-able, in the Yard’s opinion, of organising the fraud; he was simply a front. The same was true of many of the other men, but the police always came up against a blank wall, and invariably the wall seemed to be built around Raeburn.

His legitimate interests were controlled by Raeburn Investments Limited. Warrender was Secretary of the company, and its Legal Adviser was Abel Melville, an expert in company and criminal law. Such a man could advise Raeburn just how far he could go without running into trouble.