Fort Worth, Texas (Aug. 1, 2002) -- Federal authorities in Fort Worth reportedly have filed a complaint to seize a property owned by a fugitive who owes back taxes and is accused of scamming $10 million in an investment sham.Sheikh Yakub Al-Sheikh Ibrahim is accused of swindling a New Zealand man out of $10 million in a high-yield investment plan, the Star-Telegram reported. Court records say Ibrahim earned millions in the past seven years and that he conducted this and other alleged scams while living in North Texas until last year, the report said.
Ibrahim reportedly failed to pay his property taxes for the home, purchased in 1997, and owes $12,684 in delinquent taxes and penalties.
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