My mom was telling me about this a couple of weeks ago - Repole part of this?

I believe so

https://www.thoroughbreddailynews.com/tens-of-millions-in-debt-ahmed-zayat-files-for-chapter-7- bankruptcy/

 How does something like this happen????  

https://www.thoroughbreddailynews.com/tens-of-millions-in-debt-ahmed-zayat-files-for-chapter-7-bankruptcy/

 This link should work:

How does something like this happen?

He went over his head with horse purchases and not winning purse money and upkeep of the horses.

 It is really unbelievable-- guess he also got some really bad advice with respect to purchasing horses

I wonder if his son is the one who was over his head running it????

Wouldnt surprise me-----

CDI having to spend more money due to huge fine at Fair Grounds!

https://www.bloodhorse.com/horse-racing/articles/243810/epa-fines-cdi-2-79-million-for-fair-grounds-violations

Good