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John Paulson to face fraud claim over $17M luxury dealership investment - Vimarsana News

John Paulson to face fraud claim over $17M luxury dealership investment

Billionaire John Paulson lost his bid to dismiss the claims in a lawsuit filed by his ex-business partner over a $17 million investment into F40, Paulson's Puerto Rico-based luxury car dealership company.

Source: nypost.com
Billionaire John Paulson claims ex-business partner swindled millions to fund lavish lifestyle: lawsuit - Vimarsana News

Billionaire John Paulson claims ex-business partner swindled millions to fund lavish lifestyle: lawsuit

Billionaire John Paulson sued his former business partner for allegedly siphoning off $3.4 million from Paulson's hedge fund to finance his lavish lifestyle.

Source: nypost.com
Billionaire John Paulson claims longtime business partner Fahad Ghaffar spent $3.4million of company cash in five years on private jets, designer bags, luxury holidays and clubbing - after filing to dismiss the $50m lawsuit against him - Vimarsana News

Billionaire John Paulson claims longtime business partner Fahad Ghaffar spent $3.4million of company cash in five years on private jets, designer bags, luxury holidays and clubbing - after filing to dismiss the $50m lawsuit against him

The hedge fund mogul, 67, filed his lawsuit in Puerto Rico on Monday, just days after he pushed to dismiss Ghaffar's $50million legal bid against him.