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Mir Mohammad Ali khan (born 24 September 1965), also known as MirMak, is a Pakistani-American investment banker.
Mohammad Ali Khan | |
|---|---|
| میرمحمد علیخاں | |
| Born | 24 September 1965 (age 58) Karachi, Pakistan |
| Occupation(s) | Investment banker, educationist |
| Organization | ecademy |
| Spouse | Shamaila Alikhan |
| Children | 3 |
| Website | mirmak |
Early life edit
Khan was born in Karachi, Pakistan. He studied at Sharfabad Government School for the first few years of his education and then moved to St. Patrick's High School, Karachi.[1] He moved to the United States in his early teenage years with his family. He worked for two years at a video rental store while he was a student at Rutgers University between 1985 and 1989.[2] Khan acknowledged later in interviews with regulators that he never earned a Rutgers degree.[citation needed]
Legal issues edit
Indictment in the United States edit
On 12 May 1999, the New York Post reported that the Gambino crime family was suing Klein, Maus & Shire, of which Khan was CEO, for fraud and breach of fiduciary duty. The firm closed in February 1999, and Khan subsequently fled to Pakistan with his wife and two sons.[3]
Khan was charged by the Security and Exchange Commission (SEC) and a Manhattan Grand Jury on May 17, 1999,[4][5] accused of five counts of Grand Larceny in the Second Degree for stealing funds from five clients, including Thomas Gambino. If convicted, he faced up to 15 years in prison on each count. Khan fled to Pakistan along with his wife and two sons,[6] leaving Mr. Gross and Mr. Kohli, his wife's brother, to face the consequences of the firm's collapse.[7]
Khan later alleged in an interview with Pakistani media that he had been targeted for being a Muslim working in the U.S. financial sector.[8]
Indictment in Pakistan edit
Khan was arrested by the Securities and Exchange Commission of Pakistan on 9 May 2017,[4] for pump and dump stocks to his followers on social media.[9]
References edit
- ^ "St.Patricks High School — Per Aspera Ad Astra". Stpats.edu.pk. Retrieved 5 December 2021.
- ^ "Was He Wiser Than the Wise Guys?". The New York Times. Retrieved 5 December 2021.
- ^ "Scam Hits Home For Mob Broker".
- ^ a b "SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN" (PDF).
- ^ "Stock Broker Indicted For $1.2 Million Securities Fraud". ag.ny.gov. Retrieved 18 April 2022.
- ^ "Rediff On The NeT: Fugitive Financier Sought In Pakistan". www.rediff.com. Retrieved 18 April 2022.
- ^ "Was He Wiser Than the Wise Guys?". The New York Times. 2 January 2000. Retrieved 5 December 2021.
- ^ "Watch Inspirational Interview Of Mir Mak Who Owned His Own Investment Bank In Wall Street America". UrduPoint. Retrieved 5 December 2021.
- ^ Siddiqui, Asad Farooq | Zain (9 May 2017). "The story of MAK, the flamboyant Khan from Wall Street". DAWN.COM. Retrieved 18 April 2022.
- Siddiqui, Asad Farooq | Zain (9 May 2017). "The story of MAK, the flamboyant Khan from Wall Street". DAWN.COM. Retrieved 5 December 2021.
{{cite web}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link) - "Mir Mohammad Ali Khan says he will 'fight ugly' and has defeated Zionists". En.dailypakistan.com.pk. 3 June 2016. Retrieved 5 December 2021.
- Mir's life has also been covered in a motivational book: Sondhi, N. K.; Malhotra, Vibha (February 2017). Know Your Worth:Stop Thinking,Start Doing. General Press. ISBN 9788180320231. Retrieved 5 December 2021.
He learned that we should keep our eyes on the goal and not on the ground. He learned so much about the Burger King's operations that later when he was running the Investment Bank and was looking for high-profile American billionaires to sit on his Board of Directors, he met Joe Antonius, Chairman of the 32-billion-dollar conglomerate.
- https://www.prideofpakistan.com/who-is-who-detail/Mohammad-Ali-Khan/549
- "How Pakistan's Mir became Wall Street's MAK". mmnews.tv. 16 May 2016. Retrieved 5 December 2021.