John Paulson to face fraud claim over $17M luxury dealership investment

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A judge in Puerto Rico rejected billionaire John Paulson’s bid to throw out a fraud lawsuit filed by his ex-business partner over a $17 million investment in a luxury car dealership.

US District Judge Camille L. Velez-Rive in San Juan, Puerto Rico, ruled Monday that Fahad Ghaffar can proceed with securities fraud and breach of contract claims against Paulson after…

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