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Racehorse fund owned by accused OneCoin money launderer enters voluntary liquidation


Last week, the brother of the estranged OneCoin figurehead Dr Ruja Ignatova pleaded guilty to money laundering and fraud charges. He also accused the founder of a racehorse investment firm of stealing $100 million from the scheme. Amer Abudlaziz’s investment firm Phoenix Thoroughbreds issued a statement yesterday “categorically” denying that it was funded by money stolen from the OneCoin scam, The Irish Field reports. However, the US government says that in early 2017, $100 million was transferred from OneCoin to a Phoenix Thoroughbred account at an Irish bank. While the specific bank account is not mentioned, it’s been confirmed that…

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