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 $110 million (€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, $110 million (€100 million) was transferred from OneCoin to a Phoenix Thoroughbred account at an Irish bank. While the specific bank account is not mentioned,…
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