Local News

Gas station owner charged with embezzlement

Posted July 2, 2008

— A gas station owner wanted for more than a month for allegedly embezzling nearly $300,000 surrendered to authorities Tuesday

Shakeel Sanullah Khan, 30, whose last known address was near Washington D.C., was arrested on charges of embezzlement and injury to property.

Authorities say Khan pocketed $289,000 after damaging computer equipment at the Raceway gas station off Interstate 95 in Roanoke Rapids. His corporate home office, Racetrack Petroleum, contacted local authorities when it could not track his sales.

Roanoke Rapids police Chief Jeff Hinton said the money has not been returned.

Khan was out of jail Wednesday on a $100,000 bond and has a court date set for Aug. 27.

Khan's brother, Adeel Khan, 23, was arrested June 17 on the same charges. Police found $10,000 on him and an electronic money counter, Hinton said.

Halifax County District Attorney Bill Graham said Adeel Khan was in the process of moving out of his apartment when he was arrested.


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  • lizard Jul 3, 2008

    Crisp - a corporation is a separate entity in and of itself and even if you own it you can't steal from it.

    This guy is a product of the education governor's system. He should have converted tax money. No charges then.

  • yacs Jul 2, 2008

    I was thinking the same thing, Steve. It's got to be the wrong terminology. The article talks about his "corporate home office" so I'm thinking his position was really that of "manager" rather than "owner." Could be a franchise, in which case he'd be an owner, but the only thing he could embezzle then is the monthly fees.

  • Steve Crisp Jul 2, 2008

    How exactly does the OWNER of a business embezzle from it? He can fail to pay sales taxes or deposit withholding taxes and the state or feds can get him for embezzlement. He might even fail to pay the franchaise their contractual fees, but that is not a crime; it is a civil matter.

    An owner can take money out of the till to his heart's content, even destroying the business in the process, but it is not embezzlement.

    Either some termonology is not being used correctly here or there is more to this story.

  • La_Grange_Dude Jul 2, 2008

    Junebug, have you seen the price of a gallon of gas? Couldn't have taken too long to get to that amount.

  • anonemoose Jul 2, 2008

    I don't guess the censor liked my comment about them acting like some other group that is here illiegally about just moving and changing their names to avoid court.

    Or maybe it was my comment about how stupid it was to get caught moving an apartment of furniture when they had almost 300K to play with.

    One thing on bond. The fee to a bondsman is $15,000. So he still has $274k to play with.

  • Junebug Jul 2, 2008

    Raceway realized that they couldn't track his sales, but waited until enough time passed that he could pocket $289,000.00? That had to be a long time. What were they waiting for?

  • Dark_Horse Jul 2, 2008

    I agree. 100k for a guy who you caught on the run? He's long gone by now.

  • trunkmonkee1971 Jul 2, 2008

    Mike D,your post is hilarious:).

  • whatelseisnew Jul 2, 2008


    No I don't think he works for the Government so no terrorist connection.

  • TStills Jul 2, 2008

    Shakeel Khan...
    Shakeel Khan...

    Shakeel Khan let me rock ya
    Let me rock ya Shakeel Khan
    Let me rock ya thats all I wanna do...