Friday, September 23, 2011

Manzoor Moorshed Khan Defrauds Nine Condos of $20 Million


The Sept. 23, 2011 The Toronto Star news on Manzoor Moorshed Khan
(Click on the above image for enlarged copy of the news)

Manzoor Moorshed Khan, a.k.a. (also known as) Azad or Sayed Asadul Azam -- a Bangladeshi resident of Toronto -- fled Canada recently after allegedly defrauding nine condominiums of $20 million (equal to seven crore and 29 lakh takas in Bangladeshi currency). As the President of Channel Property Management, he is said to have taken these loans in the name of those condominiums by falsifying legal documents, forging signatures of real board members of condos, and showing two of his employees as condo board's president and secretary.
He led a lavish life. The Toronto Star reports that Mr. Khan "collected cars like shoes and wore gold and diamond rings on every finger."
For further details, you may read the following:

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