March 25, 2024
By Lauraann Wood (February 22, 2022, 9:18 PM EST) — An Illinois federal judge sentenced a father and son to prison Tuesday for their respective roles in a scheme through which they convinced family members and two church congregations to invest in what was really a Ponzi scheme involving apartments in distress.

U.S. District Judge John Lee sentenced 80-year-old Babajan Khoshabe to four years and his son Anthony Khoshabe to two-and-a-half years in prison following their convictions for participating in a multiyear investment fraud that caused more than 20 investors from their family and two churches to lose more than $4.5 million.

Although Anthony Khoshabe played a substantially smaller role than…

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