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Horse-racing operation Phoenix faces prize-freezes in Australia as investigation probes links with multi-billion dollar crypto scam

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NEWS: Canada’s AML penalties to surge 40 times higher after TD Bank controversy

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NEWS: FinCEN confirms US companies don’t have to file beneficial ownership details, Texas injunction stays in place

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NEWS: Britain’s FCA charges former WealthTek partner John Dance with £64M fraud

A TROUBLE-RIDDEN global racing investor is facing further headaches in Australia, where its prize money has been frozen amid money laundering allegations.  

Phoenix Thoroughbreds – active since 2017 and with over 300 horses in worldwide competition – are now barred from collecting winnings in both New South Wales and Victoria, the Financial Review reported Monday.

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Premium

NEWS: Canada’s AML penalties to surge 40 times higher after TD Bank controversy

 Premium

NEWS: FinCEN confirms US companies don’t have to file beneficial ownership details, Texas injunction stays in place

 Premium

NEWS: Britain’s FCA charges former WealthTek partner John Dance with £64M fraud

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