(Bloomberg) — Hedge funds millionaire John Paulson made use of a good sham acquisition of a great deluxe penthouse apartment when you look at the Puerto Rico in order to defectively enhance themselves of the $10 mil at the cost of his family faith, their wife states when you look at the a suit accusing your out of covering up massive amounts away from bucks when you look at the property during their separation.

Ghaffar claims Paulson informed him where however be expenses their profit a convertible keep in mind that carry out sooner or later promote him 50% ownership regarding the supplier, F40

Jenica Paulson stated their unique partner concurred in 2020 to get the flat in the St. Regis Bahia Beach Lodge to possess an artificially low price away from $5.6 mil off an effective 2009 family trust, and this possessed the house or property. The latest penthouse is worthy of $fifteen mil, she said inside an updated issue, submitted when you look at the condition legal within the New york Wednesday. The transaction efficiently enjoy your to remove $ten billion regarding faith he wasn’t eligible to, she said.

John Paulson, 67, have a net value of $5.step 1 mil, according to Bloomberg Billionaires Index. Continuarea →