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-Lurid Crime Tales-
Chicago Muslims Ripped Off By Pious Muslim Con Artist
2008-09-27
Between the prayers that fill the holy month of Ramadan, during the long fasts that stretch from dawn to dusk, Muslims have been meeting to discuss the disappearance of Salman Ibrahim.

The respected businessman persuaded up to 200 Pakistani and Indian immigrants to contribute their savings and mortgage their homes to finance real estate deals. But Ibrahim vanished in August, leaving his investors with losses that could total $50 million - in some cases their life's savings.

"The scale of impact that this stands to have on a lot of people in the South Asian and Muslim communities is potentially very drastic," said attorney Salman Azam, who filed a petition last week to force Ibrahim's company, Sunrise Equities Inc., into bankruptcy. "There are a lot of very, very sad stories and dire financial situations."
Posted by:Anonymoose

#4  Oh, I thought the article was about Freddie and Fannie.
Posted by: newc   2008-09-27 22:06  

#3  Perhaps most significant to investors: Ibrahim was a member of the Shariah Board of America, a Devon-based group of Islamic clerics who advise Muslim investors. The board certified Sunrise as conforming to an Islamic law, or Shariah, that prohibits Muslims from earning interest on investments.

Oh please tell me it is so!! LOL! The Shariah imbued Muslim Asses got Conned by one of their own..

>:)

Oh how I wish it was one of us who bagged their Pious pile!! LOL, They can Piss Off and Cry all the way back to the old country!!

>:) /ima cruel
Posted by: RD   2008-09-27 20:47  

#2  Allen giveth, and Allen taketh away.

See you in the funny papers, suckers.
Posted by: Alaska Paul   2008-09-27 18:11  

#1  a muslim shakedown artist from Chicago, ya say?......

hey! I know a similar flimflam guy....
Posted by: Frank G   2008-09-27 17:42  

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