UPDATE: ORC Suspends Brooks, Bulletproof; Permission Needed For Transfers
Published: January 28, 2010 12:49 pm ET
Last Comment: February 11, 2010 6:33 pm ET | 22 Comment(s) | Jump to Comments
The Ontario Racing Commission announced today the suspension and purse account freeze for Bulletproof Enterprises' Jeffrey Brooks as well as associated stables and members of his family.
On January 26, 2010, the Director of the Ontario Racing Commission (ORC) ordered the immediate suspension of the ORC licences of the following individuals:
Terry S. BROOKS, Jeffrey R. BROOKS, Andrew S. BROOKS, Victoria S. BROOKS.
The Director also suspended the ORC licenses of the following stables:
Perfect World Enterprises, Bulletproof Enterprises, Goldfinger Enterprises, Seize the Day Industries, VAE LLC.
In addition, with the issuance of Ruling SB 14/2010, all racetracks are ordered to hold, freeze, and maintain all funds, purse accounts or monies related to the above-named individuals and entities, pending the completion of an ORC investigation.
Pursuant to Section 18(3) of the Racing Commission Act, 2000 the above named individuals and entities have been ordered to pay the reasonable costs of the due diligence investigation.
The Ontario Racing Commission acts in the public interest to govern, direct, control and regulate the horse racing industry in Ontario and to ensure public confidence in the honesty and integrity of the industry. Those who hold ORC licenses are expected to act in accordance with this mandate.
The text of ORC ruling SB 14/2010, ordering the purse freeze, appears below.
TO: ALL ASSOCIATIONS LICENSED BY THE ONTARIO RACING COMMISSION ("ORC") WHEREAS,. the ORC has the power to govern, control and regulate the operation of race tracks in Ontario at which any form of horse racing is carried on;
AND WHEREAS, the ORC has the power to license persons to operate race tracks, at which horse racing in any of its forms is carried on, and to impose the terms on a license that the Commission considers expedient;
AND WHEREAS, under section 18 of the Racing Commission Act, 2000, the Director may conduct inquiries and investigations into the character, financial history and competence of an applicant for a license or the renewal of a license that are necessary to determine whether the applicant meets the requirements of the Act and the regulations;
AND WHEREAS, further to Rule 1.09 of the Rules of Standardbred Racing, the Director is of the opinion that the following Ruling must be implemented in the best interests of racing;
TAKE NOTICE that the Director hereby immediately Orders all Associations to hold, freeze and maintain all funds, purse accounts or other monies related to all the following individuals and entities:
i. Terry BROOKS (#7306TO)
ii. Jeffrey BROOKS (#6368T7)
iii. Andrew BROOKS (#962K25)
iv. Victoria BROOKS (#718K13)
v. PERFECT WORLD ENTERPRISES (#185E79)
vi. VA ENTERPRISES (#385B37)
vii. BULLETPROOF ENTERPRISES(#862K92)
viii. GOLDFINGER ENTERPRISES (#301 L09)
ix.. SEIZE THE DAY INDUSTRIES (#085L81)
x. VAE LLC(#374J40)
AND FURTHER TAKE NOTICE that the Director Orders all Associations to immediately report in writing to the Director any funds, purse accounts or other monies that are held, frozen or maintained in accordance with this Ruling;
AND FURTHER TAKE NOTICE that the Director hereby Orders that any payments from the held funds shall only be made further to a written request to the Director and subsequent written approval of any such payment by the Director.
Further to the Notice issued earlier today regarding the suspensions involving Terry S. Brooks, Jeffrey R. Brooks, Andrew S. Brooks and Victoria S. Brooks, and the related stables, the Ontario Racing Commission (ORC) is advising all licensees of restrictions on these suspended persons that may directly affect them.
One of the conditions of the immediate suspensions is that any horse owned by the above-mentioned individuals and the related stables cannot be transferred to new ownership without the written permission of the ORC.
The related stables are Perfect World Enterprises, Bulletproof Enterprises, Goldfinger Enterprises, Seize the Day Industries and VAE LLC.
ORC licensees are cautioned to take care when considering the purchase of horses and are encouraged to contact the ORC Judges is they have any questions or concerns.
John L. Blakney