Source: United States Department of Justice Criminal Division
United States Attorney for the Southern District of New York, Jamie McDonald, announced today that JOSHUA WANDER, the founder and former CEO of 777 Partners, a Miami-based investment firm, pled guilty to wire fraud and securities fraud in connection with a scheme to defraud the lenders and investors of 777 Partners. As part of his plea, WANDER agreed to forfeit at least $500,000,000 in proceeds from his illegal scheme. WANDER pled guilty today before U.S. District Judge J. Paul Oetken.