The Rise and Fall of Wallace Bajjali – Part 2: Joplin’s Not Sugar Land

Posted on · Wallace Bajjali Development Partners lost millions of dollars in the 2009 collapse of the BizRadio Ponzi scheme. The firm survived by reinventing itself, focusing on urban renewal projects. It managed this thanks to the reputation partner David Wallace had built as mayor of Sugar Land. But that reputation was not all that it seemed.