During his period of supervised release, Khan will find himself in an intricate dance of financial transparency. His probation officer will demand rigorous disclosure of any newfound wealth, and any attempts to open new lines of credit must first gain this officer’s permission.
A Desperate Plea for Leniency
Najeeb Khan, in a last-ditch effort to evade a lengthy sentence, contended in his sentencing memorandum that his active involvement in the community and his cooperation with the government’s investigation into his wrongdoings were potent mitigating factors. These, he claimed, should have warranted a prison term of no more than two years. It was a plea met with resounding rejection.
The Government’s Stinging Retort
On the opposing side, the government’s sentencing memorandum, filed on the same day, left no room for ambiguity. They argued that Khan deserved nothing less than a decade in prison for his role in a nefarious scheme that left nearly 2,000 victims collectively bereft of around $150 million. The modus operandi? Depositing bad checks at KeyBank and other financial institutions and then hastily requesting wire transfers based on the illusory value of those checks before the banks had a chance to detect the deception.
Najeeb Khan Gets 8 Years: A Trail of Deceit and Wealth
Federal prosecutors painted a damning portrait of Khan, accusing him of using the ill-gotten gains from this check-kiting extravaganza to feather his own nest and that of Interlogic Outsourcing Inc., a payroll company he once owned. In a twist of irony, Interlogic has since tumbled into bankruptcy and was gobbled up by another company.
