RECAP: Sunrise Equities failed, leaving at least 150 investors in Chicago devastated. About $80 million of their money is missing. The Illinois Secretary of State is investigating, as is the Federal Bureau of Investigation. Sunrise’s CEO, Salman Ibrahim, was reportedly seen recently on the streets of Lahore, Pakistan. Ibrahim is said to be a Taliban sympathizer. Barack Obama has long ties to Ibrahim and Sunrise Equities, which gave him free office space in his 2004 campaign for US Senate.
CHICAGO – 24 October 2008 – (The Bench) – Just hours before this was to be posted, The Bench received an urgent – and disturbing – email. It alerted us to the premature death of one of the peripheral players in this drama, the larger drama of the implosion of Sunrise Equities.
Reported dead is radio talk show host Rehan Sheikh, a friend of The Bench. In his early 40s, he is believed to have died suddenly from unknown causes sometime between Thursday night, October 16 and Wednesday noon, October 22. There is a lot of mystery surrounding his death; the time, even the day, of his death is unknown. Rehan Sheikh was a resident of Rogers Park.
Sources tell The Bench that Rehan suffered “two heart attacks” shortly after eating at a Pakistani restaurant on Devon Avenue in Chicago’s West Ridge neighborhood, where he was a well-known and controversial figure.