HAVE YOU SEEN HIM? New Jersey’s FBI director this morning announced a $20,000 reward for information leading to the arrest of Afzal “Bobby” Khan, a former Ramsey luxury car dealer charged with defrauding dozens of customers and lenders.
Khan, 33, defrauded customers of and lenders to Emporio Motor Group in Ramsey from at least December 2013 through September 2014, obtaining loans for vehicles he had no title for and selling them on consignment without paying the owners, Newark Field Office Special Agent in Charge Richard M. Frankel said.
“For example,” Frankel said, “Emporio submitted a loan application for approximately $150,000 in connection with a sale of a Rolls Royce. The victim had signed the necessary paperwork for the purchase and financing of the car but never received the vehicle.
“One financial institution has an exposure to a potential loss of more than $1.7 million,” he added. “Additional loans and approximately 75 individual victims have been identified.”
Agents with the Federal Bureau of Investigation Newark Division obtained an arrest warrant last October in U.S. District Court in Newark on wire fraud charges Khan, of Egg Harbor Township in Atlantic County.
“Khan has ties to and may travel to the United Arab Emirates, Canada, the United Kingdom, and Pakistan,” Frankel noted.
He was described as white, 5’10’’ and 180 pounds, with a medium complexion, blue eyes, black hair and a scar on his right arm.
Anyone with information that could help federal authorities find Khan is asked to call the FBI Newark Field Office: (973) 792-3000
IMAGES: Courtesy FBI Newark Division
