Hedge Fund Billionaire John Paulson with $3 Billion Fortune Sued for $50 Million by Business Partner Fahad Ghaffar for Fraudulent Investment Claims in Luxury Car Dealership F40 in Puerto Rico, Invested in $17 Million Convertible Note with 50% Ownership & Worked as CEO without Pay, Dismissed from Job in 2023 August & Recently Acquired by Paulson Family Trust
9th September 2023 | Hong Kong
Hedge Fund billionaire John Paulson with $3 billion fortune had been sued for $50 million by business partner Fahad Ghaffar for fraudulent investment claims in luxury car dealership F40 in Puerto Rico, with Fahad Ghaffar investing $17 million into a convertible note with 50% ownership & worked as CEO without pay. Fahad Ghaffar was dismissed from the job in 2023 August with F40 luxury car dealership recently acquired by Paulson family trust. Council on Foreign Relations – John Paulson is the president and portfolio manager of Paulson & Co. Inc., an investment management company specializing in global merger, event arbitrage, and credit strategies. Prior to forming Paulson & Co. in 1994, Paulson was a general partner of Gruss Partners and a managing director in mergers and acquisitions at Bear Stearns. Paulson also serves on the boards of New York University, the Partnership for New York City, and the Dean’s Advisory Board of the Harvard Business School.
“ Hedge Fund Billionaire John Paulson Sued for $50 Million by Business Partner Fahad Ghaffar for Fraudulent Investment Claims in Luxury Car Dealership F40 in Puerto Rico, Invested in $17 Million Convertible Note with 50% Ownership & Worked as CEO without Pay, Dismissed from Job in 2023 August & Recently Acquired by Paulson Family Trust “
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