Onecoin Allegedly Tied to Racehorse Agency, Phoenix Thoroughbreds Faraway from France Galop Race

Onecoin Allegedly Tied to Racehorse Agency, Phoenix Thoroughbreds Faraway from France Galop Race 2

Final week the agency Phoenix Thoroughbreds was reportedly banned from horse racing in France over the founder’s alleged involvement with the crypto Ponzi scheme Onecoin. Final November, Onecoin cofounder Konstantin Ignatov, the Cryptoqueen’s brother, informed New York prosecutors Phoenix Thoroughbreds proprietor Amer Abdulaziz Salman was one of many “money-cleaners under the guidance of Gilbert Armenta.”

The good Onecoin scandal continues after just lately reported on the unsealed indictment of Gilbert Armenta, an alleged Onecoin co-conspirator. Armenta was allegedly Ruja Ignatova’s (Cryptoqueen) former boyfriend who ostensibly helped Onecoin leaders launder tens of millions of {dollars}.

A number of the Onecoin funds might have been funneled into the thoroughbred racehorse trade, in response to Konstantin Ignatov’s testimony final fall.

Following the unsealed doc for Gilbert Armenta and his sentencing date for October 21, 2020, a latest episode of the favored BBC Sounds podcast the “Missing Cryptoqueen” uncovered some attention-grabbing findings.

The brand new episode confirmed how a Onecoin regulation agency and status administration firm allegedly obtained the UK’s Monetary Conduct Authority (FCA) to take down a Onecoin warning.

This week all eyes are actually on, Amer Abdulaziz Salman, and his racehorse firm Phoenix Thoroughbreds. This is because of the truth that final week quite a lot of horse racing information shops reported on France Galop officers eradicating two Phoenix Thoroughbreds race entries from the Prix de la Vallee d’Auge at Deauville.

Onecoin Allegedly Tied to Racehorse Firm, Phoenix Thoroughbreds Removed from France Galop RacePhoenix Thoroughbreds proprietor Amer Abdulaziz Salman.

Reportedly the ban is because of allegations regarding the supply of Phoenix’s funding. reported on Salman’s alleged involvement with Onecoin in December 2019.

Throughout the finish of 2019 throughout Konstantin Ignatov’s testimony, Interior Metropolis Press investigative journalist Matthew Russell Lee reported on Konstantin Ignatov’s statements underneath oath. Lee additionally mentioned the ostensible Phoenix Thoroughbreds engagement with Onecoin by way of statements from the previous legal professional Mark Scott. The reporter recorded Mark Scott’s post-arrest statements final November.

“All the money that was not invested,” Scott mentioned. “[It] was at the direction of the investors, sent to, umm, another, umm, another financial advisor in Dubai. We have nothing to do anymore… We signed an agreement, the first agreement at the behest of the investors is called Phoenix something Investment Fund, I think just Phoenix.”

Konstantin Ignatov’s statements underneath oath have been additionally recorded by Lee in a sequence of tweets on November 6, 2019. Moreover, Ignatov’s testimony was additionally printed in nice element by the Guardian contributor, Chris Prepare dinner, and each accounts concerned the Phoenix Thoroughbreds proprietor Amer Abdulaziz Salman.

Ignatov informed the court docket that Salman was “a key figure in a major money-laundering operation” and he additionally informed a narrative about Salman shopping for “racehorses for, like, €25 million.” Thoroughbred racehorses can promote for a whole bunch of 1000’s and infrequently tens of millions for prime breeds.

Onecoin Allegedly Tied to Racehorse Agency, Phoenix Thoroughbreds Faraway from France Galop Race 3Onecoin Allegedly Tied to Racehorse Agency, Phoenix Thoroughbreds Faraway from France Galop Race 4 additionally reported final December that Salman and Phoenix Thoroughbreds categorically denies the entire allegations stemming from Ignatov’s testimony.

“Phoenix Fund Investments LLC categorically denies all allegations made against it, and its owner, Mr. Amer Abdulaziz, in legal proceedings against Onecoin and its conspirators in the U.S.,” the corporate’s web site notes.

Nevertheless, the writer Tom Kerr says Phoenix has a number of inquiries to reply. “[Phoenix] never offered an explanation for Ignatov’s comments or directly addressed the €185m that is alleged to have been transferred by a convicted money launderer to Phoenix Fund Investments,” Kerr wrote final Tuesday.

Kerr and the publication say the newsdesk acquired video footage of Phoenix’s ostensible involvement with Onecoin administration.

“[] obtained video and social media evidence that demonstrates Onecoin operated an office in Dubai’s Phoenix Business Center, another company of Abdulaziz’s, over a period from late 2017 to early 2018,” Kerr stories.

What do you concentrate on the Phoenix Thoroughbreds’ alleged involvement with Onecoin funds? Tell us what you concentrate on this subject within the feedback part under.

Tags on this story Amer Abdulaziz Salman, Chris Prepare dinner, Cryptoqueen, Gilbert Armenta, Konstantin Ignatov, Mark Scott, Matthew Russell Lee, Onecoin, Onecoin funds, Phoenix, Phoenix Thoroughbreds, Ponzi Scheme, Ruja Ignatova

Picture Credit: Shutterstock, Pixabay, Wiki Commons

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