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NSW: Prize Money For Owner Phoenix Thoroughbreds Frozen Over Money Laundering Allegations Sponsored by: Amer Abdulaziz, founder and CEO of Phoenix Thoroughbreds Racing New South Wales has frozen the prize money of owner Phoenix Thoroughbreds, reports  Just Horse Racing, over allegations the founder Amer Abdulaziz is involved in money laundering. “Racing NSW has investigated the matter and any allegation made in respect to legal proceedings internationally is denied by Mr. Abdulaziz,” said Racing NSW chairman of stewards Marc Van Gestel. “Pending the outcome of those matters Racing NSW is freezing the prizemoney of horses raced by Phoenix Thoroughbreds.” Just Horse Racing reports: “In January, Phoenix and Canberra casino owner Tony Fung were the top buyers at the Magic Millions yearlings sale having spent $11.6 million on 19 horses.”

United statesUnited arab emiratesUnited kingdomAustralian capital territoryTony fungAamer abdulazizGerard butlerMarc van gestelShannon arvinRacing new south walesPhoenix thoroughbredsJust horse racingMarc vanHorse racingMagic millionsLady apple