Pakistani family based in Qatar, has been accused of defrauding in the name of the concerts of the renowned artists Drake and Travis Scott.
Pervaiz Akhtar, the owner of Jazba Entertainment in Birmingham, has filed a lawsuit against Quantum Sports & Media World (QSM World) and its directors, accusing them of orchestrating a fraudulent scheme.
According to Akhtar’s claims, he was persuaded by fellow Pakistanis from QSM World, including Dawood Khan, Hossama Dawood Khan, Suleyman Dawood Khan, Mehreen Dawood Khan, and Naeem Khan, to invest in a concert scheduled to take place in Dubai on May 28, 2021, featuring Drake and Travis Scott.
However, Akhtar later discovered that there was no legitimate contract with the artists or their management, and the promotional materials provided by Hossama Dawood Khan were nothing but a deception.
Hossama Dawood Khan alleged that the $3 million investment made by Akhtar was forfeited by Drake and Travis Scott’s management when the concert was canceled. However, representatives of the artists denied these claims, expressing surprise and disappointment that their names were misused in fraudulent activities.
Evidence suggests that Hossama and Naeem presented a concert investment proposal to Akhtar, enticing him with the idea of a grand event called “Rhythm” featuring Drake and Scott at Dubai’s Coca-Cola Arena. Akhtar, instead of investing his own funds, persuaded Kenyan showbiz promoter Rani Jamal to transfer $250,000 to QSM World’s Qatar account for the concert.
Soon after the money was transferred, QSM World executives allegedly began ignoring Akhtar and failed to deliver the promised concert materials. When pressed for explanations, they merely mentioned a postponement without providing any further details.
Akhtar made several visits to Qatar to reclaim his investment, but the QSM World executives made excuses and reneged on their promises upon his return to the UK. Even during a meeting mediated by Mohammed Al-Rohaimi, who provided local sponsorship to the Pakistani family, an agreement was reached to return the funds to the investor. However, the family did not uphold their commitment.
Hossama Dawood Khan, speaking on behalf of QSM World, denied promoting any investment opportunity for the Drake and Travis Scott concert. Yet, when confronted with evidence of a pitch advertising the “Drake Asia Tour” and projected revenues, Hossama changed his stance, accusing the investor of violating the agreement and causing complications.
Akhtar’s lawyer denounced QSM World’s actions as criminal, accusing the company of presenting a fraudulent business proposal and misappropriating investor funds for personal gain. Consequently, Akhtar has taken legal action in his pursuit of justice.