Bonza backer Joshua Wander pleads guilty to $500 million fraud scheme
Joshua Wander, who backed failed Australian budget airline Bonza, pleaded guilty to a $500 million fraud scheme in U.S. court. The 777 Partners co-founder double-pledged assets, created fictitious collateral, and falsified bank statements to defraud lenders and investors. Bonza collapsed in 2024 after one year of operations when its planes were repossessed.
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Summary by OZbrief Editorial · ABC News – Top stories · Source
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Published 16 Oct 2026, 06:52 UTC · Updated 16 Oct 2026, 07:00 UTC
Summary by OZbrief Editorial. Original report: ABC News – Top stories. Editorial policy · Corrections
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