"Robert A. Lundy, son of former Calument Farm president J.T. Lundy, was sentenced Friday in Fayette Circuit Court.
The Lexington Herald-Leader reported that Robert Lundy was convicted of four felony charges of theft by deception. Lexington horse breeder Bobby Lail had sued Robert Lundy, saying Lundy tricked him by mating mares to stallions but never paying the stud fees."
The judge ordered Lundy to pay a $1.5M civil penalty after the conviction. The stink just won't get off these guys. One of the first books I read when I became an avid thoroughbred racing fan was Wild Ride by Anne Hagedorn Auerbach. The book published in 1995, chronicles the rise and fall of the famed Calumet Farm, home to two Triple Crown winners, nine Kentucky Derby winners, seven Preakness winners and bred and raced eleven Hall of Fame horses. It's a great read and the calculated inner workings of Robert's father, J.T., are laid out perfectly by the author. The book depicts how Lundy swindled banks, breeders and others in the horse industry and ruined the once proud Calumet Farm.
(hat tip to twitterer UnbridledRacing)