10/22/2009 12:00AM

Proudinsky scratched from Knickerbocker

Barbara D. Livingston
Stewards scratched Proudinsky from Thursday's Grade 3 Knickerbocker at Belmont because of an ownership issue.

ELMONT, N.Y. - Proudinsky, the morning-line favorite for Thursday's at Belmont Park was scratched from that race by the stewards due to ownership issues.

In the program, Proudinsky is listed as being owned by Johanna Louise Glen-Teven, who is a lessee of the horse. According to New York Racing Association steward Braulio Baeza, the company from which Glen-Teven leased the horse is not licensed in the state. In New York, both the lessee and lessor must be licensed. Proudinksy has been allowed to race in other jurisdictions where only the lessee has to be licensed, according to Baeza.

It was unclear whether the company that leased the horse to Glen-Teven is affiliated with Gary Tanaka, the previous owner of Proudinsky who last November was found guilty on three counts relating to securities fraud while he headed Amerindo Investment Advisors and was forced to give up ownership of his horses.