Australian horse racing officers are investigating a bunch elevating thoroughbreds after its alleged involvement with OneCoin.
In response to news reports, Racing NSW confirmed it’s investigating Phoenix Thoroughbreds whereas a second group, Racing Victoria, is involved with worldwide officers relating to the corporate.
The allegations in opposition to Phoenix Thoroughbreds stem from witness testimony stating the corporate’s proprietor, Amer Abdulaziz Salman, was concerned with OneCoin and supposedly stole $161 million.
A Phoenix Thoroughbreds spokesman informed The Sydney Morning Herald it didn’t do something unlawful and can cooperate with authorities. The corporate added its proprietor “acted based on the regulation always, and can vigorously contest all allegations of wrongdoing.”
OneCoin, which turned out to be a $four billion Ponzi scheme, is making its manner by way of the courts. Not too long ago, Konstantin Ignatov, brother of OneCoin founder Ruja Ignatova, agreed to testify against his sister. Ignatov was the witness who pointed to Abdulaziz Salman as a “cash cleaner” for OneCoin’s cash launderer Mark Scott. Final month, the our bodies of two former OneCoin promoters were found by Mexican authorities.
Reports mentioned Phoenix Thoroughbreds was banned from racing in France on account of its alleged ties with OneCoin.