John Paulson, billionaire investor, has filed a lawsuit against his former business partner, Fahad Ghaffar, accusing him of misappropriating millions of dollars from their company. Paulson claims that Ghaffar spent $3.4 million on private jets, designer bags, luxury holidays, and clubbing over a period of five years. The lawsuit seeks $50 million in damages. Ghaffar has filed a motion to dismiss the lawsuit. This legal battle highlights the alleged financial misconduct within their partnership, shedding light on the lavish lifestyle Ghaffar is accused of funding with company funds.
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Elite investor John Paulson claims in a new lawsuit that his ex-business partner duped him out of millions to fund Louis Vuitton shopping sprees and Las Vegas parties https://t.co/DHzMHmlPdw
Billionaire John Paulson sued his former business partner Fahad Ghaffar, accusing him of siphoning millions of dollars to finance a luxury lifestyle https://t.co/HDH8MVeiGb
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 https://t.co/2JTpAj8d9o https://t.co/AgHFaygfBy