What happened
Joshua Wander, founder and former CEO of 777 Partners, pled guilty to wire and securities fraud involving a $500 million scheme to defraud lenders and investors, agreeing to forfeit at least $500 million.
Named in this item
STATUS
NAME
ISO
PROGRAM
IDENTIFIER
777 Partners
Organization, victim US — —
Organization, victim US — —
What compliance teams should check
- Review exposure to 777 Partners and Joshua Wander
- Update adverse media and PEP screening for Joshua Wander
- Assess controls for wire and securities fraud risk
FOR COMPLIANCE TEAMS
Catch stories like these on your own customers.
complead screens your customers against adverse media, sanctions and PEP lists, and re-checks them every day. When a name you hold turns up in the news, it lands in your case queue with the evidence attached.
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.U.S. Department of Justice, 15 Oct 2026, 12:00 UTC, justice.gov