A Qatar based Pakistani family has committed fraud of £300,000 with an Indian-Kenyan businesswoman based in Nairobi who invested $300,000 in a so-called Drake and Scott concert that never was and now the Qatar-based family is issuing death threats to the Kenyan national woman.
Details of the case have emerged in a court claim issued on behalf of the Kenya woman Rana Jamal of Rani Jamal Productions, launched by a middleman and partner British Asian Pevrvez Akhtar, the entertainment producer who is at the brink of a financial ruin as it was him who convinced the Nairobi based Rani Jamal to make investment – in the name of celebrated musicians Drake and Travis Scott for a music concert at Dubai Coca Cola Arena on 29th May 2021 which never took place.
The claim has been has been issued against the Doha-based Quantum Sports & Media World (QSM World) and its directors Dawood Khan (Chairman & CEO of QSM World/Abalena Capital Limited), Chief Operation Officer (COO) Hossama Dawood Khan, co-founder and chief executive officer Suleyman Dawood Khan, COO Mehreen Dawood Khan and Vice President Naeem Khan.
Pervez Akhtar claims in his lawsuit that he now realises that there was no Drake (whose full name is Aubrey Drake Graham) and Scott concert planned in Dubai and that he was fraudulently convinced by the Pakistani family to bring money to QSM World in a fraud scheme by the fellow Pakistanis as the company had no contract with the world-famous musicians or their management. He says in his legal claim that the publicity/investment material sent to the investors by QSM World’s Hossama Dawood Khan was a hoax.
On the guarantees provided by Hossama Dawood Khan and Pervaiz Akhtar, Kenya’s leading Asian entertainment and showbiz promoter Rani Jamal transferred $250000 to QSM World’s Qatar account towards the concert.
Once the money was transferred to Quantum Sports & Media World’s Doha Bank Account ( 222/981381/1/10/0 and SWIFT Code: DOHBQAQA) on 23/04/2021 & 04/05/2021 QSM World executives, according to Pervez Akhtar, started ignoring him and didn’t release the concert material that was supposed to be released soon after the money transfer.
It was within 14 days after receiving $250000 that QSM World executive Hossama Dawood Khan told the investor that the concert has been postponed but provided no further details.
Hossama Dawood Khan who represents QSM World confirmed receiving the money through Pervez Akhtar but claimed that his $US3 million was forfeited by Drake and Scott managements when the concert was cancelled. Representatives of both artists have said Hossama Dawood Khan’s claim is a complete lie, no money was seized as there was no agreement in place. Managers of both artists have said they are surprised to know that the QSM directors made money in their names, using fraudulent material.
Evidence shows that Hossama Dawood Khan and Naeem Khan presented to Pervez Akhtar a concert investment proposal for a mega event called “Rhythm” featuring celebrity rappers Drake and Travis Scott live in Dubai Coca Cola Arena on 29th May 2021. Pervez Akhtar didn’t invest his money but convinced Ranee Productions Limited from Kenya as an investor and partner for the Dubai concert with Drake and Scott. QSM World claims that it’s a global sports and media entertainment corporation.
Pervez Akhtar’s lawyer writes in the legal claim letter: “The monies received from the investor were immediately withdrawn from your company account and stipend fraudulently amongst the company representatives without the intention of the funds to be used for the purpose of the said event. This is a criminal act by your company to falsely present a business proposal and extort investor funds for personal use.”
When the investor put pressure on Pervez Akhtar, he visited Qatar four times between October 2021 and July 2022 met QSM World’s executives who assured him that the investment with interest (a total amount of $300,000) will be returned but each time he would return to the UK the QSM World executives would make excuses. The last meeting was held in Qatar which was moderated by Mohammed Al-Rohaimi who has provided local sponsorship to the Pakistani family. It was decided during the meeting – attended by Dawood Khan, Maheen Dawood Khan and Hossama Dawood Khan – that the money will be returned to the investor but Pervaiz Akhtar faced the same issue when he was back in Birmingham as the family went back on their word.
Mohammed Al-Rohaimi confirmed that he organised the meeting and it was agreed during the meeting that the QSM World executive will return money to the British Pakistani victim. “It’s unfortunate that Dawood’s have broken their promises and failed to return the money. I am aware there was no agreement for any concert and what has happened is a scam.”
Hossama Dawood Khan denied that QSM World had marketed any opportunity to invest in the Drake and Travis Scott concert. However, when shown a 9-pages pitch to Pervez Akhtar advertising “Drake Asia Tour” and projecting an estimated AED 16,133,000 (US$4,420,000) revenue from the concert, Hossama Dawood Khan said: “There were plans for a concert but unfortunately because of failure from the investor side it had to be postponed/cancelled. There is a proper and detailed agreement in place which defines everyone’s responsibilities. Clause 2.1 of the agreement wasn’t fulfilled by Investor, which makes investor stands as violating and breach of agreement, non-fulfilment of the agreement by investor resulted in complications.”
QSM World’s Vice President further claimed that he believed that there was a potential to recover the loss of USD 3 million as well as other costs therefore QSM World was once again negotiating with Drake and Travis Scott for a concert before the end of 2021 “for which work is in progress”. This event never happened as claimed.
The agreement between Quantum Sports & Media WLL (Promoter) and Ranee Productions Limited (Investor) was signed on 5th of April 2021. It said: “That Investor agrees to invest total sum of USD 500,000 (USD Five Hundred Thousand only) of which USD 300,000 (USD Three Hundred Thousand only) shall be transferred to promoter’s bank account in Qatar at the signing of this contract and the remaining amount of USD 200,0000 (USD Two Hundred Thousand only) shall be transferred to the promoter’s bank account in Qatar within 1 day of the announcement of the concert; that investor in return will receive from promoter against said investment a sum of USD 500,000 (USD Five Hundred Thousand only) plus 10% and/or of the total investment made by the investor, in addition to 10% (Ten Percent only) of the net profit earned from the said concert, within 45 (forty-five) days of the concert date.”
Rani Jamal said she will pursue the fraud family all over the world but will not give up her claim and her pursuit for justice. She said she will be soon visiting Qatar to meet the govt authorities.
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