This actually reminds me of a story about a trainer who I will not name. I'm not going to go into any details because I don't want to say anything that might give away the trainer's identity. I don't want to get sued.
A certain trainer decided that he no longer wanted horses running in his name for financial reasons. He did not want to show the income. I'm not going to say why. Anyway, all the horses started running under the name of a close associate of this trainer. They had a deal where the associate would eventually give the trainer the money back. So the horses ran in the associate's name for at least a year or two. To make a long story short, the trainer and the associate had a huge falling out and the associate refused to give the trainer any of the money. There was nothing the trainer could do. He had no recourse. They had a secret agreement that was not legal, so he didn't get paid a dime.
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