This photo provided by the FBI shows a classic car collection owned by businessman Najeeb Khan. Khan, who orchestrated a $180 million check-kiting scheme and used the proceeds to live a lavish lifestyle and amass one of the world’s most revered classic car collections has been sentenced to more than eight years in prison, Thursday, Nov. 2, 2023. (FBI via AP)
November 5, 2023
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November 5, 2023 midnight
Businessman sentenced in $180 million bank fraud that paid for lavish lifestyle, classic cars
Najeeb Khan, 70, of Edwardsburg, Michigan, told a federal judge Thursday that he was "blinded by greed" to carry out the scheme and buy more than 250 cars, as well as airplanes, boats and a helicopter, according to Cleveland.com.