Daniel Hendon
The Net Worth of Daniel Hendon
Joseph passed away at age 81 on the 29th day of this month in Mississippi and was laid to rest there.
Hendon, 64, was sentenced to 12 months and one day in prison and 12 months of home confinement. Additionally, he agreed to divest himself of any future ownership, managerial, or profit-sharing interests in DFC organizations.
Early Life and Education
Hendon credits City Point Church with helping him put his past behind him and stay focused on the future. Now a part of their staff at City Point Church in Portage, he is responsible for teaching Sunday morning sermons, event planning and community involvement work.
He finds his work most fulfilling when seeing people care for each other and see the church grow and flourish within its local communities.
DFG claims Hendon fraudulently transferred approximately $500,000 from his carwash entities to himself over three transactions between 2007 and 2010, using money transferred through Alan Meda and Burch & Cracchiolo legal fees as payment. Furthermore, Hendon sold his Ferrari in order to circumvent collection.
Professional Career
Daniel provides lenders and private equity sponsors with advice and representation for various UK and international leveraged finance, debt restructuring and general debt finance transactions in both the middle market and upper market. This work includes private equity backed buyouts, management buy-outs and corporate M&A lending transactions involving senior, unitranche first out/last out structures second lien holdco PIK facilities or any other subordinated facilities.
Dan clashed with Sergeant Callum Stone at Spicer Street before being transferred to Sun Hill after saving a girl from being struck by a lorry. Thereafter, he began dating PC Rochelle Perkins; however, following an argument over her use of steroids during an armed robbery, Dan decided to transfer out. They later reconciled at Hendon.
Achievement and Honors
Hendon made Forbes list of America’s Most Wealthy People in 2012. Additionally, he is known as an author and television personality.
He possesses in-depth expertise in financial products and investment techniques, as well as global markets. He was instrumental in building our firm into one of the premier investment banks worldwide.
Hendon and 14 others were sentenced to prison in 2014 for identity theft conspiracy, with Hendon pleading guilty and agreeing to divest himself of any ownership, managerial, or profit-sharing interests in Danny’s Family Car Wash (DFC), one of Arizona’s premier car washes.
Hendon founded and serves as president of The Hendon Foundation, as well as being on the boards of directors for organizations like the American Institute of Architects, California Council of Society of Architectural Historians, New York Academy of Art & Sciences as well as serving on its Advisory Council at National Portrait Gallery.
Personal Life
Hendon has long found joy in participating in community activities within Portage and its surroundings, particularly church work and helping others. One of Hendon’s greatest delights lies in watching individuals come together in mutual aid and care for one another.
Hendon entered his plea nearly one year after ICE agents raided several Danny’s Family Car Wash locations and claimed that managers had fired more than 900 workers identified in a 2011 government audit as being illegally employed here and then systematically rehired them. Hendon entered a guilty plea and agreed to divest himself of any future ownership, managerial, or profit-sharing interests in the car wash chain.
Hendon is survived by three daughters: Laura Hendon and Kena Brown of Olmitz, Kansas; Danette Anderson (and Steve Anderson) in Pleasanton, California, as well as five grandchildren including Dietre Stevenson.
Net Worth
Daniel Hendon remains anonymous, yet his earnings from poker have amassed him an immense net worth. Additionally, Hendon has invested in other business ventures, such as cryptocurrency trading and real estate investments. Furthermore, his consistent performance at online and live tournaments has given him ample income.
Hendon has filed for personal bankruptcy, alleging personal guarantees on $108 million of business debt that he personally guaranteed, according to court documents. In addition, Hendon owes more than $2 million in secured debts such as mortgages on properties in Paradise Valley and Corona del Mar.
Hendon has extensive experience advising UK and international lenders on all forms of leveraged finance transactions, from private equity backed buyouts, corporate mergers & acquisitions and financings for lower middle market businesses and upper middle market businesses, to advising on restructurings involving senior, unitranche, first out/last out second lien holdco PIK structures as well as subordinated structures.