Victoria Also Freezes Phoenix Prizemoney

Following on from Friday's news that Racing NSW would place a freeze on prizemoney won by Phoenix Thoroughbreds horses until money laundering allegations are resolved in the U.S., Racing Victoria has followed suit. Phoenix Founder Amer Abdulaziz was named in a U.S. federal court trial in November 2019 as allegedly being involved in a money laundering operation and as having stolen €100-million from OneCoin, a sham cryptocurrency he purportedly helped to run. Abdulaziz and Phoenix Thoroughbreds have denied the allegations. A spokesperson for Racing Victoria told TDN AusNZ, "While these...

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Racing NSW Freezes Phoenix Prizemoney

Action has been taken in Australia against Phoenix Thoroughbreds for the first time since the organization's founder Amer Abdulaziz was accused of money laundering in the U.S. in November of 2019, with Racing New South Wales Chief Steward Marc Van Gestel telling ANZ Bloodstock News that it will freeze all prizemoney won by Phoenix horses until the "matter has been resolved in the U.S., or until such time that it's been resolved to our satisfaction." Abdulaziz was named in a U.S. federal court trial in November 2019 as allegedly being...

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Phoenix Thoroughbreds Barred From Racing in UK

Effective Monday, Sept. 7, Phoenix Thoroughbreds cannot have runners in races in Great Britain until further notice, the British Horseracing Authority announced on Thursday. Phoenix had earlier in August made the decision to leave UK racing and was reportedly banned from racing in France a few days later. Any horse currently entered will not be permitted to be declared in its current ownership. All racing administration accounts of all registered ownership entities that involve Phoenix Thoroughbreds have been suspended. The BHA is in regular correspondence with Phoenix Thoroughbreds, and after...

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Meade, Phoenix Part Ways

Phoenix Thoroughbreds and trainer Martyn Meade-who conditioned the owners' Advertise (GB) (Showcasing {GB}) to win three Group 1s-have reportedly parted ways. The story was first reported by Racing Post. Meade told that publication, "I no longer train for Phoenix." Meade's son-in-law Dermot Farrington also left his post as a bloodstock advisor to Phoenix in November after it came out that Phoenix was alleged to be wrapped up in a money laundering scandal. Phoenix Thoroughbreds owns an estimated 300 Thoroughbreds on five continents.

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