American Fraudster’s 240 Cars Sold for $44.4 Million

However, this sum is not enough to pay off his debts.

The car collection of Najib Khan, the former owner of Interlogic Outsourcing Inc. and now an alleged fraudster, has been auctioned at RM Sotheby's. According to Robbreport, 240 cars, including those from different eras, are estimated at $ 44.4 million. However, this is still not enough for Khan to pay off his debts.

American Fraudster’s 240 Cars Sold for $44.4 Million photo 2

Such a high cost is due to the fact that Kahn collected very valuable vehicle that every collector would like to get. For example, the fraudster had a 1953 Fiat 8V Supersoni (existing in 15 copies), a 1917 Hudson, a 1948 Tatra-T87, a 1963 Tatra 2-603, a1927 Bugatti Type 35, a Alfa Romeo TZ3 Stradale Zagato (9 copies), and even a 1936 White Model 706 Glacier National Park.

1903 Clément 12/15 HP 1903 Clément 12/15 HP

The collection also included a 1953 Alfa Romeo BAT 5, a 1955 Mercedes-Benz SL Gullwing, a 1952 Ferrari 225 S Berlinetta, a 1935 Auburn 851, and a 1993 Jaguar XJ220.

1936 White Model 706 1936 White Model 706

The Drive, in turn, provides data on the cost of specific cars from Kahn’s collection. For example, the above mentioned Ferrari 225 Sport Berlinetta has been sold for $2.8 million and the Fiat 8V Supersonic — for $2.04 million.

1935 Auburn 851 Supercharged Speedster 1935 Auburn 851 Supercharged Speedster

The 1955 Jaguar D-Type 1955, 1963 E-Type Lightweight and 1957 XKSS are estimated at $1.3-1.9 million.

1952 Ferrari 225 S Berlinetta 1952 Ferrari 225 S Berlinetta

However, the millions dollars earned on the sale of the car collection will not be enough to pay off Kahn's debts. He, as well as his company, is accused of misappropriating $90 million. During the investigation, it turned out that the entrepreneur fraudulently earned another $32 million.

1962 Tatra 2-603 1962 Tatra 2-603

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