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 below the steering of Gilbert Armenta.”
The good Onecoin scandal continues after information.Bitcoin.com 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 thousands and thousands of .
A number of the Onecoin funds could have been funneled into the thoroughbred racehorse business, in accordance 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 “Lacking Cryptoqueen” uncovered some fascinating findings.
The brand new episode confirmed how a Onecoin legislation agency and fame administration firm allegedly acquired the UK’s Monetary Conduct Authority (FCA) to take down a Onecoin warning.
This week all eyes at the moment are on, Amer Abdulaziz Salman, and his racehorse firm Phoenix Thoroughbreds. That is due to the truth that final week a variety 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.
Reportedly the ban is due to allegations in regards to the supply of Phoenix’s funding. Information.Bitcoin.com reported on Salman’s alleged involvement with Onecoin in December 2019.
Through the finish of 2019 throughout Konstantin Ignatov’s testimony, Inside Metropolis Press investigative journalist Matthew Russell Lee reported on Konstantin Ignatov’s statements below 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 cash that was not invested,” Scott stated. “[It] was on the route of the buyers, despatched to, umm, one other, umm, one other monetary advisor in Dubai. We’ve got nothing to do anymore… We signed an settlement, the primary settlement on the behest of the buyers is named Phoenix one thing Funding Fund, I feel simply Phoenix.”
Konstantin Ignatov’s statements below oath have been additionally recorded by Lee in a collection of tweets on November 6, 2019. Moreover, Ignatov’s testimony was additionally revealed in nice element by the Guardian contributor, Chris Cook dinner, and each accounts concerned the Phoenix Thoroughbreds proprietor Amer Abdulaziz Salman.
Ignatov informed the court docket that Salman was “a key determine in a significant 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 hundreds and infrequently thousands and thousands for high breeds.
Information.Bitcoin.com additionally reported final December that Salman and Phoenix Thoroughbreds categorically denies all the allegations stemming from Ignatov’s testimony.
“Phoenix Fund Investments LLC categorically denies all allegations made in opposition to it, and its proprietor, Mr. Amer Abdulaziz, in authorized proceedings in opposition to Onecoin and its conspirators within the U.S.,” the corporate’s web site notes.
Nonetheless, the racingpost.com creator Tom Kerr says Phoenix has a whole lot of questions to reply. “[Phoenix] by no means supplied a proof for Ignatov’s feedback or instantly addressed the €185m that’s alleged to have been transferred by a convicted cash launderer to Phoenix Fund Investments,” Kerr wrote final Tuesday.
Kerr and the publication racingpost.com say the newsdesk acquired video footage of Phoenix’s ostensible involvement with Onecoin administration.
“[Racingpost.com] obtained video and social media proof that demonstrates Onecoin operated an workplace in Dubai’s Phoenix Enterprise Middle, one other firm of Abdulaziz’s, over a interval from late 2017 to early 2018,” Kerr reviews.
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