Fraud Friday — Nik Patel’s Partner Gets 10 Years in Jail

May 4, 2018

By Bob Coleman
Editor, Fraud Friday

Fraud Friday — Nik Patel’s Partner Gets 10 Years in Jail

Wanna-be movie producer and photoshop document creator extraordinaire, Timothy Fisher will spending a decade of his life in jail.

“The defendant’s dishonesty was not a single lapse of judgment, but rather, involved years of significant deceit. His scheme, born of greed, won him millions and was devastating to the investors who were unwitting victims.” says the prosecutor.

“Fraudulent transactions like these cause harm to companies, the financial industry, and the individuals whose hard-earned money is invested as a means of planning for their future,” says the Department of Labor. “These crimes undermine legitimate companies and compromise the financial integrity of benefit plans.”

Timothy, 41, admits he created fictitious financial statements and wired funds to Nik Patel.

Nik Patel was sentenced to 25 years in jail last month in the $179 million USDA b&i loan fraud.

Read our previous reporting here

Fraud Friday — Nik Patel’s Partner Gets 10 Years in Jail, 5/4/18

Fraud Friday — How Not to Get Ripped Off in a Patel-Like Fraud, 3/30/18

Fraud Friday — Nik Patel Conned Secondary Market out of Another $10 Million in January, AFTER Jailed! — Sentenced to 25 Years, 3/09/18

Fraud Friday — Nik Patel’s Business Partner, Timothy Fisher Sentencing Hearing Moved to March, Remains Free on Bail, 2/02/18

Fraud Friday — Nik Patel Claims Access to $35 Million in “Dirty” Money, Family Flees to Ecuador Day after his Arrest, Nik Planned to Buy Rare Diamonds, 1/26/18

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

Fraud Friday — Whatever Happened to Nik Patel’s COO & Movie Partner?, 1/12/18

Special Fraud Friday Tuesday Edition — Nik Patel Arresting Fleeing US in Chartered Jet, 1/09/18

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