Cases / Lending & cash advance
Nemazee Capital Corporation
Hassan Nemazee
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- Nemazee Capital Corporation
- Industry
- Bank loans obtained with forged collateral (not an investment fund)
- How investors were recruited
- Not an investor scheme: obtained loans from Bank of America, Citibank and HSBC using forged collateral statements
- Pitch & red flags
- Submitted forged account statements claiming "many hundreds of millions of dollars" in collateral; directed verification calls to his own phone.
Pitch phrases from this case
Source
U.S. Department of Justice official
Related cases · Lending & cash advance
All lending & cash advance cases →