In July, Naqvi pleaded guilty to three criminal charges of fraud and conspiracy. He admitted he engaged with other BCCI officials in a racketeering conspiracy to illegally take over several U.S. banks, including First American Bank in the Washington D.C. area.
Naqvi was BCCI's former chief executive officer before the bank, with nearly $24 billion of assets and operations in 71 countries, was shut down three years ago amid allegations it engaged in the largest ever bank fraud.
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