<p>The NHL's due diligence process allowed John Spano to fraudulently purchase the New York Islanders and run the team for several months before anyone realized what had happened.</p>

The NHL's due diligence process allowed John Spano to fraudulently purchase the New York Islanders and run the team for several months before anyone realized what had happened.

MLB team successfully changes hands in less than a month

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MLB team successfully changes hands in less than a month

MLB team successfully changes hands in less than a month