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| Staten Island businessmanÂ’s $82 million in bad checksÂ… in just two weeks |
| 2012-12-24 |
| Saquib Khan hosted a $1,000-a-person fundraiser at his then-Todt Hill home for Hillary Clinton’s Democratic Senate campaign. A Staten Island business owner known for throwing lavish fund-raisers for political candidates was charged with writing $82 million in bad checks — in just two weeks. Saquib Khan wrote the worthless checks last month, according to Brooklyn federal prosecutors. Khan, 51, was released on $400,000 bail. |
| Posted by:tipper |
| #8 Once I was arrested, Bail was certified check, no cash, nothing else. (And the bail bondsmen were livid that I had My brother do it, for cash, got the certified check at Wall Mart, paid him back and all was well, the Bail Bondsmen have a racket there, interest is staggering.) |
| Posted by: Redneck Jim 2012-12-24 19:30 |
| #7 Barbara, the bail amount was about one half of one percent of what he just stole through fraud. Check, cash, or gold bars, that's either stupidity or malfeasance. |
| Posted by: Thing From Snowy Mountain 2012-12-24 19:11 |
| #6 The court would have to be pretty stupid if they took a check from him, Thing. |
| Posted by: Barbara 2012-12-24 13:39 |
| #5 If he didn't have that sort of cash after writing 82 million in bad checks, Barb, he'd have to be pretty stupid. |
| Posted by: Thing From Snowy Mountain 2012-12-24 12:37 |
| #4 "Khan . . . was released on $400,000 bail." Did he write a check? |
| Posted by: Barbara 2012-12-24 11:52 |
| #3 Perfesser Was just thinking if he was a Bernanke-buddy he could use Bernanke's photocopier and stimulate the economy with this new wealth! |
| Posted by: Bright Pebbles 2012-12-24 11:19 |
| #2 Meet the new Secretary of the Treasury. |
| Posted by: Perfesser 2012-12-24 07:57 |
| #1 Anyone could write $82 million in bad cheques, hell, I could if I were home and near my chequebook. The trick is to get people to *accept* your bad paper, and that takes a significant long-con of apparent probity and good credit. |
| Posted by: Mitch H. 2012-12-24 07:35 |