Josh Wander of 777 Partners Faces $500 Million Fraud Charges

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Source: fbi.gov
TL;DR Summary

The founder and CFO of investment firm 777 Partners, Joshua Wander and Damien Alfalla, have been charged with a $500 million fraud scheme involving misrepresentations, asset pledging, and misuse of funds to deceive lenders and investors, leading to criminal charges and ongoing investigations.

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