Former Mississauga-Streetsville MP Wajid Ali Khan has been charged by the RCMP in a $1.1 million international investment fraud.
Khan, 71, was charged along with Nadeem Imtiaz Ahmed, 48, both of Mississauga, and both accused of borrowing more than $1.1 million from “personal contacts” in Canada, according to an RCMP news release announcing the charges. The lenders were told the money would be used to buy investment properties for them in Pakistan.
Khan was first elected to the House of Commons in 2004 and again in 2006 as a Liberal.
Khan made headlines in 2007 when he left the Liberal Party and crossed the floor to join the Conservatives, then left politics for good in 2009.