Muslim real estate scam in Chicago

Since the nation is focused on scams involving mortgages, you might be interested to read about this Muslim scammer in Chicago.  From the Chicago Tribune on Sunday:

CHICAGO – Between the prayers that fill the holy month of Ramadan, during the long fasts that stretch from dawn to dusk, Muslims have been meeting in halls, schools and homes to discuss the disappearance of Salman Ibrahim.

The well-respected businessman persuaded up to 200 Pakistani and Indian immigrants to contribute their savings and mortgage their homes to finance real estate deals. Then in August, Ibrahim vanished, leaving investors with losses that could total $50 million — in some cases their life’s savings.

Neighbors described him as a “pious man.”

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