Empire Racing Stables

Having been charged by the U.S. Securities and Exchange Commission earlier this week in an alleged Ponzi scheme, Jason Dodd Bullard, who operates Empire Racing Stables LLC, has had his Minnesota owner's license suspended by the state's Racing Commission. According to a release from the MRC, "control of all assets, including the Thoroughbred racehorses in Minnesota owned by Jason Dodd Bullard and Empire Racing LLC, have been transferred to a court-appointed receiver." The order was issued by United States District Judge David S. Doty. The two-paragraph statement from the MRC...