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Soccer club and airline investor Josh Wander indicted for alleged $500m fraud

Image of Sevilla FC playing against FC Barcelona.
Wander had invested in Spanish soccer club Sevilla FC. Photo: Jesus Ruiz/Quality Sport Images/Getty Images

The indictment charging Wander with wire fraud, securities fraud and conspiracy to commit those crimes was unsealed Thursday in federal court in Manhattan.

Joshua Wander, cofounder of Miami-based private-equity company 777 Partners and a former director of Edmonton, Canada-based Flair Airlines, surrendered to US authorities on Thursday and was charged with securities and wire fraud (and conspiracy to commit each of those frauds) in the Southern District Court of New York (SDNY). He was