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prima:Paulson Puerto Rico reveals about 40 schemes allegedly involving Fahad Ghaffar

The investor’s brother would have allegedly benefited from the creation of an insurance company that received over $30 million in premiums

September 10, 2023 - 9:18 PM

Archival note
This content was published more than 1 year ago.
Fahad Ghaffar y su socio John Paulson, durante la presentación de la expansión millonaria en el resort. Foto José R. Pérez Centeno.
Fahad Ghaffar (left) and John Paulson.

Since Fahad Ghaffar was fired from Paulson PRV LLC on July 31 -Paulson & Co. subsidiary in Puerto Rico-, the company has been investigating 40 schemes that allegedly involve the investor for self-dealing, misappropriation of funds, misrepresentation, and excessive expenses.

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