📊 $500 Million Fraud Shocks Soccer World

Author

Ryan Serkes
October 20, 2025

Hi everyone, here is your 📊 Daily Trade.

Here's what's happening today:

🤝 LenderMAC partners with Ares for strategic growth
⚖️ Businessman indicted for $500M fraud involving soccer clubs
🏠 TransUnion boosts mortgage credit offerings with new data
🚗 Stellantis and Pony AI partner for self-driving vans
💰 Couple charged with $11M Ponzi scheme in Ohio
🎁 +8 more stories you might like
🤝 LenderMAC and Ares Team Up to Expand Mortgage Offerings Link
  • LenderMAC partners with Ares Alternative Credit to enhance its non-QM mortgage capabilities.
  • The deal involves Ares purchasing a significant portion of LenderMAC's production and providing strategic capital.
  • This collaboration aims to accelerate LenderMAC's growth as a leading national mortgage provider.
⚖ Businessman Charged in $500 Million Fraud Linked to Soccer Investments Link
  • Josh Wander, co-founder of 777 Partners, indicted for a $500 million fraud scheme.
  • The firm invested in multiple European soccer clubs, raising integrity concerns in the industry.
  • The indictment highlights financial misrepresentations and asset pledging without ownership.
🏠 TransUnion Unveils New Mortgage Credit Solutions with Enhanced Data Link
  • TransUnion introduces VantageScore 4.0 using trended and alternative data for more inclusive credit scoring.
  • The new offerings aim to lower borrowing costs and expand access to mortgage credit for millions of Americans.
  • TransUnion's TruIQ platform integrates these data assets, enhancing lender competitiveness.
🚗 Stellantis and Pony AI Collaborate on Autonomous Electric Vans Link
  • Stellantis partners with Pony AI to develop Level 4 self-driving electric vans for Europe.
  • The collaboration will begin real-world testing in Luxembourg, targeting deployment by 2026.
  • This initiative supports Stellantis' broader electrification and mobility innovation goals.
💰 Ohio Couple Faces Charges in $11 Million Ponzi Scheme Link
  • Wayne and Susan Essex accused of defrauding investors in a Ponzi scheme.
  • Funds were misused for personal expenses, including real estate and luxury items.
  • Authorities urge potential victims to come forward as investigations continue.

Other news & articles you might like

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  • ⚠️ Lawsuit against LifeMD for alleged misleading statements (Link)
  • ⏰ Deadline alert for investor lawsuits on multiple stocks (Link)
  • 📊 Flywire to release Q3 2025 results on Nov 4 (Link)
  • 🚨 Bravo star sentenced for crop insurance fraud (Link)
  • 🏨 San Manuel acquires Waldorf Astoria Monarch Beach Resort (Link)
  • 🏢 East Coast firm buys Walnut Creek apartments for $160M+ (Link)
  • 🧬 Revolution Medicines gets FDA voucher for cancer drug (Link)

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