Aamir Waheed: Money Laundering , Fraud Allegations
Aamir Waheed, the figure behind Real Track Inc., a real estate company, has a sordid history that raises significant red flags for anyone considering doing business with him. While he now claims to be a seasoned expert in real estate, a closer look at his past reveals his involvement in one of the largest frauds in recent history—the Allied Veterans of the World scam—and a series of legal controversies that cast doubt on his credibility.
A Tarnished Reputation: Who is Aamir Waheed?
Aamir Waheed owns Real Track Inc., a company engaged in property acquisition and sales. His public relations efforts paint him as a seasoned professional with over 25 years of experience in the real estate sector and a history of serving on various boards. However, these promotional materials conveniently omit his history of fraud and legal entanglements, including his alleged involvement in a $300 million scam.
The Allied Veterans of the World Scam: Role Of Aamir Waheed
The Allied Veterans of the World scam was a massive fraud that exploited a nonprofit organization’s facade to siphon $300 million, of which only 2% went to veterans’ causes. The rest funded the lavish lifestyles of the perpetrators, including luxury vehicles, properties, and more.
Aamir Waheed’s link to this scam is evident in court records. He owned and operated several of the “internet sweepstakes cafes” that were fronts for illegal gambling operations tied to Allied Veterans. These cafes were critical nodes in a network of 40 affiliates across Florida, orchestrating illicit gaming activities under the guise of charity.
Legal Consequences and Asset Seizures
In 2014, court documents from the District Court of Appeal of Florida’s Fifth District revealed the seizure of multiple assets linked to Waheed and his associates. These assets, including vehicles, were believed to have been used in the illegal gambling operation. While Waheed attempted to appeal the seizure of his assets, the court upheld most of the Trial Court’s findings, reinforcing the allegations against him.
Patent Infringement Lawsuit: Aamir Waheed , Additional Legal Troubles
Beyond the Allied Veterans scandal, Waheed faced a lawsuit from Sweepstakes Patent Company in 2014 for patent infringement. The case alleged that Waheed and his associates violated patents related to computer-based sweepstakes games, further solidifying his involvement in fraudulent enterprises.
DEVELOPCO INC: A New Front?
Waheed’s latest venture, DEVELOPCO INC., appears to be another potential shell company. With minimal online presence and a placeholder website, questions about its legitimacy abound. Observers speculate that DEVELOPCO INC. may serve as a front for money laundering, given Waheed’s history of financial crimes.
Why You Should Avoid Real Track Inc.
Waheed now presents himself as a credible real estate professional, yet his history of fraud, deceit, and legal troubles paints a far different picture. The multimillion-dollar Allied Veterans scam and subsequent controversies leave little room for trust.
Conclusion: A History of Deception
Aamir Waheed’s history of involvement in fraudulent schemes and legal disputes highlights the dangers of engaging with his ventures. From operating illegal gambling cafes to potential money laundering activities, his track record is littered with questionable practices.
Caution is strongly advised when dealing with Real Track Inc. or any of Waheed’s associated businesses. Always conduct thorough research to protect yourself from potential scams.
