The Fine Cotton racing scandal is one of Australia's most infamous cases of horse racing fraud, involving a horse switch scheme gone disastrously wrong in 1984.A syndicate of gamblers, led by John Gillespie, planned to substitute a slow racehorse named Fine Cotton with a faster, lookalike horse named Bold Personality to win a race at Brisbane’s Eagle Farm Racecourse. The idea was to bet big on the long-shot and cash in when the faster horse won. However, the two horses looked nothing alike, so in a last-minute panic, they dyed Bold Personality’s coat and used hair dye and white paint to fake identifying markings.