Phoenix Thoroughbreds Denies Allegations

|

Amer Abdulaziz | Racing Post

Following the allegations that Amer Abdulaziz Salman of Phoenix Thoroughbreds has been named a “key figure in a major money-laundering operation”, Phoenix Fund Investments LLC categorically denied all allegations made against it and its owner, Amer Abdulaziz, in legal proceedings against OneCoin and its conspirators in the U.S., it said in a statement released via Twitter on Monday. In a story reported by the Racing Post on Sunday, Amer Abdulaziz Salman is also alleged to have stolen €100 million from the sham crypto currency project OneCoin he purportedly help run.

The statement continues: Phoenix Fund Investments LLC believes that the firm and Amer Abdulalziz have acted according to the law at all times, and will vigorously contest all allegations of wrongdoing. Phoenix Fund Investments LLC will full cooperate with relevant authorities should they require any assistance. Phoenix Fund Investments LLC is currently seeking legal advice and will take appropriate action against those involved in the publication of false and defamatory statements.

Phoenix Thoroughbreds currently has around 300 Thoroughbreds on its books ranging from young stock, racing stock, broodmares and stallions.

Not a subscriber? Click here to sign up for the daily PDF or alerts.

X

Never miss another story from the TDN

Click Here to sign up for a free subscription.