Updated
Updated · Bloomberg · Jul 15
777 Co-Founder Josh Wander Seeks Trump Pardon Before $500 Million Fraud Trial
Updated
Updated · Bloomberg · Jul 15

777 Co-Founder Josh Wander Seeks Trump Pardon Before $500 Million Fraud Trial

1 articles · Updated · Bloomberg · Jul 15

Summary

  • Josh Wander recently filed for a presidential pardon with the Justice Department, joining a growing line of people seeking clemency from President Donald Trump.
  • The request comes before Wander has stood trial on charges that he cheated lenders and investors out of nearly $500 million through Miami investment firm 777 Partners.
  • Wander has pleaded not guilty, and his criminal trial is scheduled to begin in October.
  • R&B singer R. Kelly also appears among the latest pardon seekers, underscoring the widening queue for Trump clemency.

Insights

With his CFO set to testify against him, can Josh Wander escape conviction in his $500 million fraud trial?
Will the 777 Partners scandal force a global crackdown on how insurers are allowed to invest policyholder funds?
How did one firm's collapse shake up both global football and the US insurance industry?