From the Magazine
November 2018 Issue
Investors all over the world fell for the schemes of the man who called himself Khalid bin al-Saud. But the truth turned out to be more incredible than the lie.

MIAMI VICE
Prince Khalid knew how to use displays of wealth to land a deal.Illustration by R . Kikuo Johnson.
“My name is Khalid,” he tells me, and I want to believe him. After all, he has traveled the world as royalty—the son of the king of Saudi Arabia, no less. Leading international investors know him as His Royal Highness Khalid bin al-Saud. He moved in an entourage of Rolls-Royces and Ferraris, his every whim tended to by uniformed housekeepers and armed bodyguards. A suave British-born C.E.O. handled his business affairs, and a well-connected international banker marketed his investment deals to a select few, leaving him to live a life of astonishing excess.
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