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AAP

National

William Ton

Friends fined for dodgy Australian of the Year bets

Stamps featuring Australian of the Year winners are printed before the awards are announced. (Joel Carrett/AAP PHOTOS)

What started out as a plan to use insider information to place sure fire bets on the Australian of the Year awards has left two high school friends thousands of dollars out of pocket.

Mount Martha man James Dawkins and Dean Young from Mornington appeared in Dandenong Magistrate's Court on Thursday where they were both handed $4000 fines for their roles in a three-year award betting scandal.

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