Last week, the Phoenix Thoroughbreds company was reportedly banned from horse racing in France due to the founder’s alleged involvement in the Ponzi Onecoin crypto system. Last November, Onecoin co-founder Konstantin Ignatov, brother of the Cryptoqueen, told prosecutors in New York that Phoenix Thoroughbreds owner Amer Abdulaziz Salman was one of the “money cleaners under the direction of Gilbert Armenta ”.
The big Onecoin scandal continues after the news broke, with Bitcoin.com recently reporting the unsealed indictment of Gilbert Armenta, an alleged co-conspirator of Onecoin. Armenta is said to be the ex-boyfriend of Ruja Ignatova (Cryptoqueen) who ostensibly helped Onecoin executives launder millions of dollars.
Some of the Onecoin funds may have made its way to the thoroughbred racehorse industry, according to Konstantin Ignatov’s testimony last fall.
Following Gilbert Armenta’s unsealed document and his sentencing date for October 21, 2020, a recent episode of the popular BBC Sounds podcast “Missing Cryptoqueen” revealed some interesting findings.
The new episode showed how an Onecoin law firm and reputation management firm convinced the UK’s Financial Conduct Authority (FCA) to remove an Onecoin warning.
This week all eyes are on Amer Abdulaziz Salman and his racehorse company Phoenix Thoroughbreds. This is due to the fact that last week a number of horse racing media reported that France Galop officials had withdrawn two entries for the Phoenix Thoroughbreds race from the Prix de la Vallée d’Auge in Deauville.
It appears the ban is due to allegations about Phoenix’s funding source. News.Bitcoin.com reported on Salman’s alleged involvement with Onecoin in December 2019.
In late 2019, during Konstantin Ignatov’s testimony, Inner City Press investigative reporter Matthew Russell Lee reported on Konstantin Ignatov’s sworn statements. Lee also discussed Phoenix Thoroughbreds’ ostensible engagement with Onecoin via statements from former lawyer Mark Scott. The reporter recorded Mark Scott’s post-arrest statements last November.
“All the money that hasn’t been invested,” Scott said. ” [It] was in the direction of investors, sent to, uh, another, uh, another financial adviser in Dubai. We have nothing more to do… We signed an agreement, the first agreement at the request of investors is called Phoenix Something Investment Fund, I think just Phoenix.
Konstantin Ignatov’s affidavits were also recorded by Lee in a series of tweets on November 6, 2019. In addition, Ignatov’s testimony was also published in detail by Guardian contributor Chris Cook and both accounts involved the owner of the Phoenix Thoroughbreds, Amer Abdulaziz Salman. .
Ignatov told the court that Salman was “a key figure in a major money laundering operation” and he also told the story of Salman buying “racehorses for, say, 25 million euros”. Thoroughbred racehorses can sell for hundreds of thousands and often millions for the best breeds.
News.Bitcoin.com also reported last December that Salman and Phoenix Thoroughbreds categorically deny all claims arising from Ignatov’s testimony.
“Phoenix Fund Investments LLC categorically denies all allegations made against it and its owner, Mr. Amer Abdulaziz, in connection with legal proceedings against Onecoin and its conspirators in the United States,” notes the company’s website.
However, racingpost.com author Tom Kerr says Phoenix has a lot of questions to answer. ” [Phoenix] Never explained Ignatov’s words nor directly addressed the 185 million euros that were allegedly transferred by a convicted money launderer to Phoenix Fund Investments, ”Kerr wrote last Tuesday.
Kerr and the publication racingpost.com claim that the news bureau acquired video footage of Phoenix’s apparent involvement in the management of Onecoin.
« [Racingpost.com] obtained video and social media evidence that shows that Onecoin operated an office in Phoenix Business Center in Dubai, another Abdulaziz company, for a period from late 2017 to early 2018, ”Kerr reports.
What do you think of Phoenix Thoroughbreds’ alleged involvement with Onecoin funds? Let us know what you think of this topic in the comments section below.
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