#UK British-born businessman on FBI's Most Wanted list jailed for two years over £480,000 supercar scam #UKnews

#UK British-born businessman on FBI’s Most Wanted list jailed for two years over £480,000 supercar scam #UKnews

#UK British-born businessman on FBI’s Most Wanted list jailed for two years over £480,000 supercar scam #UKnews

Afzal Khan (pictured), 40, has been sentenced to two years in prison for carrying out a £480,000 luxury car scam

Afzal Khan (pictured), 40, has been sentenced to two years in jail for finishing up a £480,000 luxurious automobile scam

A British-born businessman who was on the FBI’s Most Wanted list after going on the run for 5 years has been sentenced to two years in jail for finishing up a £480,000 luxurious automobile scam.

Afzal Khan, 40, fled the US after being accused of conning a string of shoppers and monetary companies at a motor dealership he ran in New Jersey.

The businessman, initially from Edinburgh, handed himself into authorities within the United Arab Emirates in February 2020 and was flown again to America.

Khan admitted to the huge fraud, which concerned tremendous vehicles together with Lamborghinis, Porsches and Rolls Royces.

At the US District Court of New Jersey Khan was handed a two 12 months jail time period and ordered to forfeit £955,000 on Wednesday. 

He may also be supervised for three years after his launch.

The flamboyant businessman, recognized to his purchasers as ‘Bobby’, opened the Emporio Motor Group in New Jersey in 2013 and maintained a excessive profile.

Khan made an look on US actuality sequence ‘The Real Housewives of New Jersey’ and counted members of the present’s forged amongst his purchasers.

The businessman, originally from Edinburgh, handed himself into authorities in the United Arab Emirates in February 2020 and was flown back to America

The businessman, initially from Edinburgh, handed himself into authorities within the United Arab Emirates in February 2020 and was flown again to America

Police and the FBI attempted to arrest Khan at his New Jersey home in October, 2014, but could not locate him. He was then placed on the FBI's 10 Most Wanted 'white collar criminals' list

Police and the FBI tried to arrest Khan at his New Jersey residence in October, 2014, however couldn’t find him. He was then positioned on the FBI’s 10 Most Wanted ‘white collar criminals’ list

The court docket heard how he obtained loans from a financial institution for vehicles that he by no means delivered, however for which the purchaser was nonetheless accountable.

He additionally obtained loans for vehicles that had been delivered, however for which neither he nor Emporio had title paperwork. 

As a outcome, the purchasers of those vehicles had been liable for the mortgage, however couldn’t register the autos.

Khan additionally supplied to promote vehicles for clients, after which neither returned the vehicles nor offered any cash from automobile gross sales.

He admitted that because of his actions – which passed off between December 2013 and September 2014 – he uncovered the financial institution concerned to a possible lack of at the least £480,000. 

Khan was born in Edinburgh to Pakistani mother and father and moved to the US greater than 20 years in the past. 

At the US District Court of New Jersey Khan was handed a two year jail term and ordered to forfeit £955,000 on Wednesday

At the US District Court of New Jersey Khan was handed a two 12 months jail time period and ordered to forfeit £955,000 on Wednesday

Police and the FBI tried to arrest him at his New Jersey residence in October, 2014, however couldn’t find him.

He was then positioned on the FBI’s 10 Most Wanted ‘white collar criminals’ list.

In an announcement, the US Attorney’s Office for the District of New Jersey mentioned: ‘An Atlantic County, New Jersey, man was sentenced to 24 months in jail for his position in participating in a sample of fraudulent exercise via his auto dealership.

‘Afzal Khan, aka ‘Bobby Khan’ 40, beforehand pleaded responsible by video convention earlier than U.S. District Judge William J. Martini to Count One of an indictment charging him with wire fraud.

'Afzal Khan, aka 'Bobby Khan' 40, previously pleaded guilty by video conference before U.S. District Judge William J. Martini to Count One of an indictment charging him with wire fraud'

‘Afzal Khan, aka ‘Bobby Khan’ 40, beforehand pleaded responsible by video convention earlier than U.S. District Judge William J. Martini to Count One of an indictment charging him with wire fraud’

‘From at the least December 2013 via September 2014, Khan, via his automobile dealership, Emporio Motor Group of Ramsey, New Jersey, engaged in acts to defraud lenders and clients.

‘In addition to the jail time period, Judge Martini sentenced Khan to 3 years of supervised launch and ordered forfeiture of $1.1 million. Restitution shall be decided at a later date.’

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