One investor, Krešimir Penavić, told me he had sunk some $5 million into Khan's events before he realized he had never seen a dime of profit.
Penavić said he continues "to pursue assets and leads" related to the judgment.
Khan's attorney mentioned his client "looks forward to putting this chapter of his life behind him."
Aggravated identity theft is a felony offense that carries a two-year prison sentence.
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