Billionaire John Paulson has filed a lawsuit against his business partner for fraudulently splurging $3.4million of company funds on designer clothes and trips – as well as using his wife's 'shell company' to hide millions.Paulson has worked with Fahad Ghaffar in Puerto Rico since 2013, but two separate legal complaints have lodged a wedge between the two men.The hedge fund mogul, 67, filed his lawsuit in Puerto Rico on Monday, just days after he pushed to dismiss Ghaffar's $50million legal bid against him. He is asking for $189.6million in damages.
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