UBS Banker Brother: Bribes Or No Bribes, You Can't Truly Rig A Horse Race Unless You Can Convince The Animal To Cooperate

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Convicted insider trader John Joseph Hartman and his brother planned to "make a lot of money" by bribing high-profile jockey Danny Nikolic to rig horse races, a court has heard. On his second day of evidence in the committal hearing against his former best friend Oliver Curtis, John Hartman admitted under cross-examination that his brother, UBS banker Edward Hartman, had concocted the plan to make tens of thousands of dollars in 2008. Edward Hartman wrote in an email to John on August 29, 2008, saying the deal could "only be between you and me okay?" before telling him to set up a BetFair account in someone else's name. "I have a very high profile jockey that will have some very short priced losers for us to lay," Edward wrote. "But no one else can know other than us, that's very important." He was found guilty and fined over two lesser offences, and is banned from racing for two years for threatening a steward during an appeal hearing against a previous ban. John Hartman agreed during cross-examination that he had been part of the email exchange but said that the bribe had never taken place, adding that horses were animals so the outcome was not guaranteed. [SMH]

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