Fraud: Con man posed as member of Saudi royal family to swindle investors of billions

Gignac grew up in Columbia before moving to the United States (Image: Miami Dade Police Department)

To anyone who know him Prince Kalid bin Al-Saud was a privileged member of the Saudi Royal Family.

He wore Rolex watches, drove a Ferrari with ‘diplomatic’ plates and owned a two-bedroom home on the upmarket millionaire's haven. He appeared to have powerful business connections and more than half a billion dollars in the bank.