Preakness Horse Race Winner Curlin – Owners’ Are Jailed
Posted on October 1, 2007
The 2 owners of the Preakness winning race horse Curlin have recently been jailed in northern Kentucky. They have stated that they will not furnish the courts any information relating to monies they received as a result of a lawsuit over the diet drug fen-phen because it would violate their 5th Amendment rights for self incrimination. Both owners are lawyers and received $200 million as a settlement for that case. The judge has stated that he would allow them bail if they disclosed and furnished to the courts those documents for what happened to that money.
They are currently in jail in northern Kentucky awaiting trial for charges of conspiring to commit wire fraud. They’ve entered pleas of not guilty on all charges.
They purchased Curlin for $57,000 as a yearling. And earlier this year in February, they sold their interest in the horse for a reported $3.5 million to a group made up of Jess Jackson (founder of Kendall-Jackson wines), Satish Sanan’s Padua Stables, and George Bolton, who is an investment banker.
Probably just as well that Curlin has new owners and is not with persons that are too distracted with their own situations to potentially not be able to give him the attention he needs for proper care.
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