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Story summary
- Josh Wander pleaded guilty to wire and securities fraud in Manhattan federal court.
- Prosecutors said his scheme defrauded lenders and investors of at least $500 million.
- He double-pledged over $350 million of allocated assets and falsified bank statements to obtain funds.
- The plea requires forfeiture of at least $500 million, with sentencing set for March 1, 2026.
- Wander asked President Donald Trump for a pardon earlier in 2026.