Mir Mohammad Ali Khan

Mir Mohammad Alikhan also known as MirMak, is a Pakistani stockbroker and a fugitive who is known for allegedly misappropriating millions of dollars from multiple clients of his brokerage firm; among them are individuals associated with the Gambino crime family.

During an interview, Alikhan stated that he was acting as an adviser to President Pervez Musharraf when The New York Times published a story about him in 2000.

Early life and career Khan was born in Karachi, Pakistan. He claims his lineage to the royal family of Mir Osman Ali Khan. According to a report by the Financial Industry Regulatory Authority, the company was established in August 1994 in Indiana solely as a broker-dealer entity.

Khan served as both the chairman and president of Klein; Asim Sain Kohli, his brother-in-law, held the position of chief operating officer.

Legal issues Indictment in the United States On 12 May 1999, the New York Post reported that members of the Gambino crime family were suing Klein, Maus & Shire, of which Alikhan was CEO, for fraud and breach of fiduciary duty. The firm closed in February 1999.

Alikhan was charged by the Security and Exchange Commission (SEC) and a Manhattan Grand Jury on 17 May 1999, 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 25 years in prison on each count. Alikhan fled to Pakistan along with his wife and two sons, leaving his brother-in-law Kohli and his employee Maurice A. Gross Jr. to face the consequences of the firm's collapse.

In a 2016 interview, he claimed to have "defeated Zionists" in the SEC fraud cases. In a 2017 interview, he called Wall Street "Zionist-ic" and claimed that he closed Klein, Maus & Shire following a conflict with the Attorney General of New York Eliot Spitzer and also said that he "will fight one day the allegations that the (US) Securities and Exchange Commission has levelled against" him. The Securities and Exchange Commission of Pakistan also confirmed that Alikhan is not registered with the commission as a regulated individual to provide investment advice. However in 2016, four entrepreneurs associated with the startup faced legal scrutiny over alleged copyright infringement after Alikhan, as complainant, accused them of breaching their agreement by leaving the company after the online portal was ready, taking the source code with them. However, Baqar Abbas Jafri, CEO of the startup, refuted the allegations, stating that the claims of theft by Alikhan were baseless. In response, they initiated separate defamation lawsuits against Alikhan.

Jehan Ara, the head of Nest i/o, where the startup was incubated, also dismissed the case brought by Alikhan as lacking any merit. She described his accusations as false and without foundation. Consequently, the entrepreneurs were exonerated of any wrongdoing by the Sindh High Court (SHC). The SHC stated in its ruling that Alikhan did not provide evidence against the four entrepreneurs. Jafri also observed that Alikhan repeatedly failed to attend hearings at the SHC due to his inability to furnish evidence against the entrepreneurs. It was also alleged that Alikhan had a "special interest" in commencing legal actions against the four entrepreneurs of the Investor's Lounge and that Alikhan was leveraging his influence to preemptively shutdown the startup, considering Investors Lounge as his competitor.