Leadenhall-Capital-Partners-LLP-v-Wander-Pasko-777-Partners-etc.pdf
Lawsuit Claims 777 Partners “Operating a Giant Shell Game At Best and an Outright Ponzi Scheme At Worst”
The lawsuit named a number of 777 companies as defendants, such as structured settlement receivables servicer SuttonPark Capitalk LLC, and called out 777 cofounders Josh Wander and Steve Pasko, claiming they were “operating a giant shell game at best, and an outright Ponzi scheme at worst.” Plaintiffs have to prove their allegations.
Source: Leadenhall sues 777 Partners & related persons/entities over collateral fraud – Artemis.bm
777 Partners’ SuttonPark Capital LLC (SPC) is an independently owned investment firm that specializes in the origination and structuring of esoteric investment-grade assets. 
Since its inception in 2010, SuttonPark Capital has emerged as the leading wholesale aggregator and servicer of structured settlements in the United States. SPC’s core competencies include the sourcing, underwriting, and servicing of high-quality long-term cash flows including structured settlements, annuities, and lottery winnings. SPC applies its expertise to help institutional investors achieve their required return, risk, and duration objectives.
Update December 22, 2024
Mass layoffs at SuttonPark in May 2024 sparkecaused what can best be described as a fulminating humanitarian crisis for payees dependent on their payments, who were forced to do business with SuttonPark when they made partial sales of structured settlement payments they were receiving. The Structured Settlement Watchdog began receiving calls in June 2024 which reached crisis levels in November 2024. We learned that 777 Partners, SuttonPark entities and Wander & Pasko were sued by ING Partners LLC in October 2024. See my December 15, 2024 blog ING v 777 Partners, SuttonPark Capital et al. Complaint Filed 10/17/2024, A Month Before Hell – Structured Settlements 4Real® Blog: Structured Settlements | Settlement Planning News and John Darer Reviews,
The Hideous Headlines about 777 Partners and the lawsuits against 777
- Everton takeover threat as potential buyers 777 accused of ‘Ponzi-scheme’ fraud (msn.com)
- Everton FC Buyer Accused of Fraud, Double-Pledging Assets in Lawsuit (insurancejournal.com)
- Insurers sue rating agency over exposure to Everton bidder 777 (ft.com)
- US regulators push insurers to cut exposure to Everton bidder 777 Partners (ft.com)
- Bonza & Flair Investors 777 Partners Accused Of Running A Ponzi Scheme (msn.com)
- 777 Partners’ Suspicious Airline Investments (Flair & Bonza) – One Mile at a Time
- Owner Of Multiple Airlines A Giant Fraud, Moving Money Around And Siphoning Cash? [Roundup] – View from the Wing
- Potential Everton Buyer Accused of Enormous Fraud in Lawsuit – Benzinga
- Fresh Everton takeover fears as 777 Partners named in 16 ‘unpaid debt’ lawsuits (msn.com)
- SuttonPark Capital – OffshoreAlert
About the Header Photo
The header photo is AI generated and is a satire that intends to capture and weave together the title of the post and the headlines that inspired it, centered on the allegations against Wander, Pasko and 777, the investments in professional soccer teams and clubs, and Australian airlines (and their planes) as well as the alleged overpledged assets. 666 is “the Devil’s number” , Is it 777 or 666? is meant as nod to the feelings and experiences of the SuttonPark victims whose plight I’ve covered, having spent more than 25 pro bono hours. in November and December 2024 and into early 2025 because the communication from SuttonPark was so poor. For those with late payments and uncertainty, it certainly wasn’t heaven!
Last updated October 4, 2025