Phoenix Thoroughbreds Responds to US Allegations

Breednet - Tuesday November 26

Phoenix Thoroughbreds have released a statement which “categorically denies all allegations made against it, and its owner, Mr. Amer Abdulaziz” following allegations made under oath in the US OneCoin trial of Mark Scott.

The release reads:

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 US.

Advertisement

Phoenix Fund Investments LLC believes that the firm and Mr. Amer Abdulaziz have acted according to the law at all times, and will vigorously contest all allegations of wrongdoing. Phoenix Fund Investments LLC will fully cooperate with relevant authorities should they require any assistance.

Phoenix Fund Investments LLC is currently seeking legal advice and will take appropriate action against those involved in the publication of false and defamatory statements.

Advertisment
More Reading...
Too Darn Hot Filly Chasing Guineas Start
Stablemates Oratia Beauty and Geneva will have opportunities to book their passages south when they step out at Ellerslie on Saturday.
Black Type Next for Exciting Hello Youmzain Filly
Kelly Van Dyk’s Prima Park Bloodstock will be represented on both sides of the Tasman this week, from the sales ring in Sydney to the big stage at Ellerslie on Saturday.
Sires With Winners - Wednesday October 15
Here is the full list of 42 stallions which had winners throughout Australasia today with winners and result details.
Breeding To Win - 2025 G1 The Everest
The moment has arrived! And what a journey it has been to The TAB Everest eve of 2025 - Official G1 status secured, 20 million bucks up for grabs, the fastest horse on the planet flown in and TV coverage going global - it's all happening!
800k Night of Thunder Colt Stars - Record-Breaking Tattersalls October Book 2 Concludes
Book 2 of the Tattersalls October Yearling Sale concluded with new benchmarks set for turnover and median. The sale aggregate of 70,124,500 guineas was well clear of the wide-margin record set in 2024, and the median of 76,000 guineas was a 9% increase on the previous year’s record equalling figure. The sale clearance rate was an excellent 92%.
Shamus Award Mare Quintessa Shooting for Another G1
Te Akau has been forced to take an unconventional path to Ellerslie with Quintessa and are confident the high-class mare will strip in the best possible order, given the circumstances.
Not This Time 2026 Fee Surges to US$250,000
When Widden Stud announced they would be shuttling Group I winning sprinter Cogburn (USA) to Australia this spring there were many Australian breeders who had to start doing some homework on his sire Not This Time.
$900,000 Toronado Colt Tops Inglis Ready 2 Race
The highest-priced colt ever sold at an Inglis Ready2Race Sale topped a record day of trade that resulted in the biggest turnover in the sale’s history today.
Sires With Winners - Thursday October 16
Here is the full list of 37 stallions which had winners throughout Australasia today with winners and result details.
State of Excitement for Cambridge Stud
In a week where Cambridge Stud’s focus is largely around Joliestar’s tilt at the A$20 million Gr.1 The Everest (1200m), it was their first-season sire Sword Of State who was making headlines across the Tasman on Wednesday.