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Fraud Friday — Nik Patel Paid $40,000 for Private Jet Charter to Ecuador, Claimed he Received Political Asylum

January 19, 2018

Fraud Friday — Nik Patel Paid $40,000 for Private Jet Charter to Ecuador, Claimed he Received Political Asylum

By Bob Coleman
Editor, Fraud Friday

More details have emerged about Nik Patel’s arrest for trying to flee the United States to Ecuador on an India passport.

Nik, 34, had pled guilty to a $179 Million USDA b&i loan fraud and was due to be sentenced in Chicago on January 9th. He faces decades in jail.

A FBI agent filed an affidavit with the court with more details.

On Friday January 5, Nik assured the Court that he knew his sentencing was set for the following Tuesday in Chicago, but had not yet made reservations to fly there. He claimed he intended to do so later that afternoon.

But, at 7am on Saturday morning, January 6th, FBI agents assigned to Nik observed him traveling with another person, “K.T.” to the Kissimmee Gateway Airport.

The airport does not have any commercial flights.

The FBI approached Nik who told them he paid K.T. $40,000 to arrange a charter flight to Ecuador. He said he had applied for and received political asylum in Ecuador.

As a condition of bail, Nik had turned his US passport over to the feds. But he had a friend obtain another passport from the Government of India, bearing Nik’s name, photograph and date of birth. The passport bears an issuance date of 11/01/10 and is valid through 10/1/20.

Nik’s not going to Ecuador.

His next charter flight will be on Con Air from Orlando to Chicago where his sentencing has been rescheduled for March 6th.

Read our previous reporting:

Fraud Friday — Nik Patel Paid $40,000 for Private Jet Charter to Ecuador, Claimed he Received Political Asylum, 1/19/18

Special Fraud Friday Tuesday Edition — Nik Patel Arrested Fleeing US in Chartered Jet, 1/9/18

Special Fraud Friday Tuesday Edition — Nik Patel Arrested Fleeing US in Chartered Jet

Fraud Friday — Nik Patel Pleads Guilty to $179 Million USDA B&I Loan Fraud, 12/16/17

Fraud Friday — Nik Patel Indicted on 5 Counts of Fraud, 12/11/15

Fraud Friday — Nik Patel’s Partner Sued for $4.5 Million from USDA B&I Loan Fraud, 10/23/15

Five Nik Patel hotel properties are being sold by auction.com in July, 5/15/15

Fraud Friday — First Farmers’ Nik Patel’s Assets Frozen, 10/10/14

Fraud Friday — Feds Claim $179 Million Usda-b&i Loan Fraud — Arrest First Farmer Financials’ Nik Patel, 10/3/14

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Date: January 24, 2018 at 2:00 pm ET

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Date: January 31, 2018 at 2:00 pm ET

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Date: February 7, 2018 at 2:00 pm ET

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