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American pharoah gambling debt

Ahmed Zayat, owner of Triple Crown hopeful American Pharoah, asked a federal judge to dismiss a lawsuit that accuses him of owing $ million to a man who says he fronted Zayat money for gambling bets placed at offshore casinos. The federal breach of contract lawsuit was filed in March by Howard Rubinsky of Florida. May 21,  · The federal breach of contract lawsuit was filed in March by Howard Rubinsky, 58, of Florida. May 21,  · NEWARK, N.J. (AP) -- Ahmed Zayat, owner of Triple Crown hopeful American Pharoah, asked a federal judge to dismiss a lawsuit that accuses him of owing $ million to a man who says he fronted Zayat money for gambling bets placed at offshore casinos.

American Pharoah's owner hit with gambling debt lawsuit

Rubinsky said he advanced Zayat credit at a couple of casinos and that the agreement was that he'd be paid back. The Jelinsky brothers pleaded guilty in to operating an illegal gambling business during that time period and served time in prison. A few weeks later, the colt won the Preakness and will be a heavy favorite for the Belmont. It's a total lie. The men asked him if he was interested in investing in an inventor who had developed a machine for certain casino games.

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Owner Of American Pharoah Named In Gambling Debt Lawsuit

Ahmed Zayatis being sued as his horse is trying for a Triple Crown. Thursday, May 21, , 8: Ahmed Zayat, the owner of the colt who has won six of his seven races and will become the first winner of the Triple Crown since if he wins the Belmont Stakes on June 6, is fighting a sordid battle against a gambler with a felony record who has filed a lawsuit in U. It's a scam from A to Z. It's a total lie. His lawyer, Joseph Vann, said in a statement Wednesday night that the dispute has dragged on for over a decade.

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Howard Rubinsky filed the suit against Zayat in federal court in Newark in March , claiming he advanced the Egyptian-born businessman a line of credit at a sports betting casino in Costa Rica called Tradewinds. Zayat, however, refutes the claims, saying in a March statement to the court that he never asked Rubinsky to put up a line of credit for him, never agreed to place any bets through Rubinsky, didn't place bets with Tradewinds, and doesn't owe him any money.

He goes on to say in the court papers that he "did not have a debt to Tradewinds, I never paid any money to Tradewinds. Zayat has also been involved in other legal entanglements over the years, including allegations of unpaid gambling debts and a loan default. The suit is the latest salvo in a feud between Zayat and Rubinsky, who pleaded guilty in for his role in an illegal bookmaking operation with brothers Michael and Jeffrey Jelinksy.

According to the lawsuit, after Zayat Stables began having financial troubles in and filed for bankruptcy in , Zayat couldn't pay what he owned to the casinos, but agreed to pay Rubinsky his gambling debt.

In private life, this would be known as fraud - not only a serious sin, but a crime. Our lovemaking was interrupted by a knock on the door. 17 May 24, 1996 Subscription: 1-800-787-7557. been involved with the stroking or fondling of a woman's bare breast (as either possessor or fondler of the breast). inhaled nitrous oxide while not visiting a dentist.

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Owner of American Pharoah named in gambling debt lawsuit by Heather M. The federal breach of contract lawsuit was filed in March by Howard Rubinsky, 58, of Florida. It said that in , Rubinsky and Zayat entered into a personal services contract. Rubinsky said he advanced Zayat credit at a couple of casinos and that the agreement was that he'd be paid back. It's a total lie. Rubinsky has been convicted of gambling offenses and money laundering, according to the motion to dismiss.

The motion said the breach of contract complaint should be thrown out because it was filed beyond the six-year statute of limitations and because the plaintiff can't produce an actual contract between him and Zayat.

An after-hours call and email to Rubinsky's attorney J. Joseph Bainton were not immediately returned. Zayat, 52, who is from Egypt, came to the U. He ran a beer distributorship in Egypt, and in , he founded Zayat Stables, which breeds thoroughbred horses in the U. After three disappointing runner-up finishes, the owner won his first Derby when American Pharoah took the Run for the Roses earlier this month. A few weeks later, the colt won the Preakness and will be a heavy favorite for the Belmont.

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Zayat said the news of the lawsuit coming out now is part of a character assassination against him. According to Rubinsky's lawsuit filed in U. District Court in Newark, after Zayat Stables started having financial troubles in , Zayat couldn't pay what he owned to the casinos, but continued to promise to pay Rubinsky his gambling debt. Zayat Stables had filed for bankruptcy in and the owner was involved in a lawsuit with his bank over his credit line. Also, Zayat was investigated for his ties to a pair of brothers convicted of running an illegal gambling operation the debts of which were listed in the bankruptcy filing.

It was through those brothers Jeffrey and Michael Jelinsky that Zayat says he met Rubinsky at a breakfast sometime between and The men asked him if he was interested in investing in an inventor who had developed a machine for certain casino games.

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