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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Joshua Wander already owned a fleet of Boeing 737s and stakes in famous European football teams. But there were bigger deals on the horizon — if the Miami-based investor could show he had enough money.
The trouble was that his investment firm, 777 Partners, had less than $500,000 in cash and was close to bankruptcy, according to details from court filings released by federal prosecutors in New York. So, Wander sent his creditor a screenshot of a bank account, doctored using Microsoft Paint, to show he had $8 million instead, prosecutors allege .
The $500 Million Fraud Case Exposing Football’s Shaky Finances
