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The Independent UK
The Independent UK
National
Via AP news wire

US businessman Josh Wander, whose firm invested in soccer clubs, indicted for alleged $500M fraud

An American businessman whose firm invested in several European soccer clubs that struggled under its ownership has been indicted in New York on charges of financial wrongdoing in an alleged $500 million fraud scheme.

Josh Wander was a co-founder of Miami-based 777 Partners that owned stakes in an Australian airline plus soccer clubs Hertha Berlin in Germany, Genoa in Italy, Standard Liege in Belgium and Vasco da Gama in Brazil.

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