Seth Fishman Sentenced to 11 Years in Prison

Dr. Seth Fishman, the Florida veterinarian snared in the federal government's sweeping horse doping investigation, was sentenced Monday to an 11-year prison sentence in the U.S. District Court for the Southern District of New York.

The sentence is the longest meted out in the case that led to charges against 31 individuals, including prominent trainers Jorge Navarro and Jason Servis. Fishman is the 11th to be sentenced, which includes Navarro. Most of the others have pleaded guilty and await sentencing. Servis faces trial next year.

Fishman, who has been behind bars since his conviction five months ago on two counts of conspiracy to commit drug adulteration and misbranding, appeared in court in prison garb and addressed the court before being sentenced. Prosecutors say that over 20 years, Fishman supplied illegal performance-enhancing drugs to hundreds of trainers, including Navarro, who pleaded guilty last year and was sentenced to five years in prison.

“I really have to apologize for what I did,” the 51-year veterinarian said. “There's no excuse for my behavior.”

In a rare admission, Fishman conceded violating the law and conspiring with others.

“I should have never pushed the envelope and helped trainers,” he said.

He told Judge Mary Kay Vyskocil he now lacked any desire to “practice medicine” on animals.

“I have no desire to make another substance for a racehorse again,” Fishman said as his family looked on from the gallery.

Fishman concluded his brief remarks by telling the judge that whatever sentence she imposed, “10, 15, or 20 years, I just want to be a better person.”

He showed no emotion as the sentence was handed down.

In addition to his prison time, the veterinarian will be held jointly responsible for $25 million in restitution along with Navarro and other co-conspirators.

The restitution represents Navarro's total purse winnings during from 2016 to 2020.

In addition, Fishman must forfeit $13.5 million, which is what he earned from his business of manufacturing and distributing his performance-enhancing substances which prosecutors say were designed to evade detection in post-race testing.

His sentence also includes a $250,000 fine. Prosecutors introduced evidence showing that Fishman's business earned millions of dollars a year.

Vyskocil told Fishman his actions misled racing regulators and drug regulators, as well as others.

“You misled competitors of your clients and the betting public,” she said.

She told him that as a veterinarian, “you enjoyed a special position of trust and you abused that trust.”

The judge said the PEDs Fishman manufactured were harmful to racehorses because they were designed to push them beyond their natural abilities.

She said that in addition to putting at risk horses that were doped with his PEDs, Fishman put at risk the other horses who ran in the race and jockeys who rode those horses and could have been hurt if a horse broke down.

She noted that Navarro paid Fishman credit in a text after winning the 2019 $2-million G1 Dubai Golden Shaheen at Meydan Racecourse with X Y Jet and that the horse died less than a year later.

“To say there was no risk to horses is just not accurate,” she said.

Vyskocil told Fishman that his motive was greed and that, up until the sentencing, there had been a complete lack of remorse on his part.

Vyskocil said an 11-year sentence was warranted given the sentences of other defendants.

She also said she hoped it would act as a general deterrence.

“I know this case has been followed extensively in the racing industry. It is my hope that the sentence acts as a general deterrent to those who might be engaging in the same scourge of criminality.”

Prosecutors had recommended a sentence of 10 to 17 1/2 years. Fishman faced a maximum of 20 years in prison under federal sentencing guidelines.

Prosecutor Sarah Mortazavi told Vyskocil that a significant sentence was warranted given that Fishman had shipped his illegal PEDs all over the country to hundreds of trainers.

“It was all designed to help a competitor get an illegal edge,” she said.

During her remarks, Mortazavi said Fishman's claims at trial that as a veterinarian he cared about animals was a “self-serving myth.”
Fishman attorney Maurice Sercarz appealed to the judge for a sentence of less than 10 years.

He said Fishman should be given leniency because of his client's psychiatric disabilities, which he said were “substantial.” He added that Fishman suffers from acute anxiety, depression and had been diagnosed with a bipolar disorder.

Fishman missed the last two days of his trial after being admitted to a psychiatric hospital.

The proceeding ended with Vyskocil telling Fishman that she heard what he said about wanting to be a better person.

“Hopefully you'll be getting well,” she said. “You do have some demons.”

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Trainer Kenny Smith Suspended 15 Days: ‘Credible Evidence’ Methamphetamine Positive Caused By Groom

The Board of Stewards at Prairie Meadows in Altoona, Ia., has issued a 15-day suspension and $1,000 fine to trainer Kenny Smith after his trainee, Drag Malibu, tested positive for methamphetamine on May 29, 2022. According to the ruling, “credible evidence” was brought forth during Smith's hearing to suggest that the positive test was the result of contamination from a groom.

The groom, Jason Brooks, tested positive for methamphetamine (among other drugs) on June 8, 2022, when Prairie Meadows had him submit to a drug test after causing a disturbance in the stable area. As a result, Brooks' license was summarily suspended.

During Brooks' hearing on July 1, 2022, the groom told the board that he put the bridle and tongue tie on Drag Malibu on race day and that the methamphetamine could have been on his fingers and thus could have been on the tongue tie.

The Association of Racing Commissioners International, Inc. (ARCI), which publishes the Drug Testing Standards and Practices Program Model Rules Guidelines, currently classifies methamphetamine as a Penalty Class A (ARCI-011-020 (E)). The recommended penalty for a first offense is a minimum 1 year suspension absent mitigating circumstances. The ARCI also recommends the horse be disqualified, loss of purse and the horse pass a commission – approved examination before becoming eligible to be entered.

During the stewards' hearing on Smith's suspension, held on June 30, 2022, Smith told stewards that Brooks was responsible for the both the race-day and daily application of the tongue tie on Drag Malibu. Assistant trainer Tyrone Shaw confirmed those statements, and veterinarian Dr. Gordon testified that Brooks held Drag Malibu during routine evaluations.

The board of stewards' report notes that research shows medications which are administered sublingually dissolve under the tongue, without chewing or swallowing, absorption is quick, and higher drug levels are achieved in the bloodstream.

For those reasons, in determining the penalty for Trainer Smith, the board of stewards found that there were mitigating circumstances in Drag Malibu's methamphetamine positive.

“There is credible evidence that “Drag Malibu's” positive was caused by Groom Brooks,” the ruling states.

Stewards issued Smith a 15-day suspension and a $1,000 fine, while Drag Malibu was disqualified from his first-place finish in the third race on May 29 at Prairie Meadows. All purse monies were ordered to be redistributed accordingly.

In addition, Drag Malibu has been placed on the vet's list and “must pass a Commission-approved exam” before being allowed to run.

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Osarus La Teste Yearling Catalogue Online

The catalogue for the upcoming Osarus La Teste Yearling Sale is online and can be viewed at www.osarus.com. The sale is scheduled for La Teste Racecourse, beginning at 1pm (local time). Heading recent graduates is Trueshan (Fr) (Planteur {Ire}), victorious in the G1 Al Shaqab Goodwood Cup and G1 Qatar Prix du Cadran. The €8,000 purchase in 2017, has accounted for £1,192,968 in career earnings. The sale has also produced Grade/Group 1 winners Sands of Mali, Fatale Bere and Medal Winner. A total of 57 sires will be represented at this year's sale, including Dabirism, Kheleyf, Goken, Intello and Kendargent.

For more information, visit www.osarus.com.

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Taylor Made Sales To Offer Cryptocurrency Payments To Customers

The world's leading consignor in Thoroughbred sales, Taylor Made, has partnered with Dello, a Montreal fintech company, to offer cryptocurrency payments to their customers.

Taylor Made has been operating in the Thoroughbred business for more than 45 successful years, reaching sales of over $2.75 billion. As a company with a global presence, accepting cryptocurrency payments is a practical move. This step will continue to bolster their wide-reaching business while presenting their multinational clientele with more convenient payment options.

Mark Taylor, CEO of Taylor Made, said, “Taylor Made has clients from all over the world. We want to make things as easy as possible for them. Accepting crypto makes good business sense.”

Dello enables sellers to accept cryptocurrency without ever having to convert it or handle it directly. Since the crypto payments are settled in local currency, the seller doesn't have to change the way they handle their accounting procedures. Also, by converting the crypto to local currency at the time of purchase, Dello guarantees the seller receives the exact amount they charged the customer, minus a small fee.

Olivier Benloulou, President of Dello, explained, “Dello provides merchants with a comfort zone for crypto acceptance. We eliminate concerns about price volatility and tax issues which have been two of the biggest barriers to the adoption of crypto-enabled payments. Our service enables merchants to venture into the world of crypto with fewer worries. It is an honor to work with a company like Taylor Made.”

Taylor Made will start accepting crypto payments this month for all of their services.

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