Piscataway man sentenced to probation in connection to 'alarming' $3M fraud [View all]
Update: Mohammed Khan was sentenced on Sept. 27, 2019 to one year of probation by Union County Superior Court Judge Candido Rodriguez in Elizabeth. Khan pleaded guilty to third-degree credit card fraud in connection to the 2015 charges from the state Attorney General's Office. All other charges against Khan, now 57, were dismissed.
PISCATAWAY - A 53-year-old township man is wanted for his alleged role in a fraud ring that spent years creating hundreds of fake identities and shell companies in order to steal about $3 million from various banks.
Mohammed Khan was one of 12 people, mostly from Hudson County, charged this week with first-degree money laundering, second-degree theft by unlawful taking, and third-degree fraudulent use of credit cards in an alleged scheme that spanned 2012 to this year, the state Attorney General’s Office said Wednesday.
All but Khan were arrested and were being held at Union County Jail on $1 million bail with no 10 percent option.
“While the credit card holders, businesses and purchases in this scheme were fictitious, the losses suffered by the banks were very real and totaled an alarming $3 million,” Acting Attorney General John J. Hoffman said.
Read more: https://www.mycentraljersey.com/story/news/crime/jersey-mayhem/2015/12/09/nj-homeland-security-id-theft-fraud-ring-arrests/77049092/
= new reply since forum marked as read