New York Man Accused of Defrauding Lenders Using Hudson County Resident’s Identity

Federal prosecutors charge Humza Khan with wire fraud and identity theft in $150,000 loan scheme tied to a Florida pharmacy.

NEWARK, N.J. — A New York City resident has been charged with wire fraud and aggravated identity theft for allegedly using the personal information of an elderly Hudson County man to fraudulently obtain a $150,000 loan, federal authorities announced.

Humza Khan, 28, of New York, appeared before U.S. Magistrate Judge Stacey D. Adams in Newark federal court on July 2, 2025. He was released on a $100,000 unsecured bond pending further proceedings.

According to court documents and statements made in court, Khan submitted fraudulent loan applications in or around December 2020 to secure financing for a Florida-based specialty pharmacy in which he had a financial interest. Prosecutors allege that Khan used the name and Social Security number of an elderly New Jersey resident without authorization in the application, concealing his own financial connection to the loan.

The alleged misrepresentation led to the disbursement of approximately $150,000 in loan proceeds to Khan’s benefit. The scheme involved the electronic submission of falsified documents, triggering charges under federal wire fraud statutes.

Khan faces one count of wire fraud, which carries a statutory maximum sentence of 30 years in prison and a $1 million fine or twice the gross gain or loss, whichever is greater. He also faces one count of aggravated identity theft, which includes a mandatory consecutive minimum sentence of two years and a fine of up to $250,000.

The investigation was conducted by the U.S. Postal Inspection Service in Newark, the Internal Revenue Service – Criminal Investigation, and the Federal Bureau of Investigation, all operating under their respective leadership in the Newark and Philadelphia regions.

The case is being prosecuted by Assistant U.S. Attorney George Brandley of the Health Care Fraud and Opioids Enforcement Unit in Newark.

Authorities emphasized that the charges are allegations and that Khan is presumed innocent unless and until proven guilty in a court of law.