777 Partners’ Josh Wander Charged With $500 Million Fraud
'777 Partners' co-founder Josh Wander
Photographer: Virginie Lefour/Belga Mag/AFP/Getty ImagesJosh Wander, the co-founder of Miami investment firm 777 Partners, was charged with conspiracy and fraud for allegedly cheating lenders and investors in the firm out of almost $500 million.
According to Manhattan federal prosecutors, Wander, 44, lied and used fake financial documents to inflate the finances of 777, which was thrust into the spotlight when it unsuccessfully tried to acquire English football club Everton FC. Wander surrendered to federal agents Thursday morning.