Trainer Brent Stanley and jockey Glyn Schofield have been charged over the sale of an unraced horse to Hong Kong.

Racing Victoria stewards issued four charges against Stanley and one against Schofield over the sale of two-year-old Equita last year.

Equita had won a Cranbourne trial in April, 2015 and was later onsold to Hong Kong for what the owners were advised was $200,000.

The stewards investigation established that Stanley acted on behalf of the owners who included Racing Victoria chairman David Moodie and Schofield represented the Hong Kong buyer.

They allege Schofield received $290,000 from the buyer, retaining $20,000 with Stanley collecting $70,000.

Stanley has been with dishonest, corrupt, fraudulent, improper or dishonourable conduct and with giving false evidence.

Schofield has been charged under the rule which says a jockey cannot have any interest in buying, selling, trading or leasing thoroughbred bloodstock.

The hearing will be heard before the Racing Appeals and Disciplinary Board at a date to be fixed.

Now racing as Dancing Flames in Hong Kong, the colt has a win and a third from his four starts.