Ifiktar Ahmed was remembered by colleagues, friends, neighbors, and associates as always having a bright big smile. it is easy to be happy and smile when you can easily defraud your firm of over fifty million dollars in a few years time. I always have said that behind every rich and wealthy Indian is major fraud and corruption. Ifitkar Ahmed was a partner at Oak industries hedge fund management company and this mother fucker defrauded this venture-capital firm out of sixty five million dollars. if there were more Indian entrepreneurs like this guy there may no longer be venture capitalist firms to hand out money to dumb ideas and business ventures that never make money. Ifitkar and his wife made many millions buying a big house in Greenwich, Connecticut and donating much to Indian charities, but last May Ifitkar had to flee the United states when feds caught on to his various schemes and reason why this immigrant was so stinking filthy rich.
Like I said behind any rich guy there is most likely a cheat and fraudulent reasoning especially for migrant Indians who get to play and defraud in many places such as this jackass Ifiktar Ahmed who will eventually be handed over to US authorities and serve a ten to twenty year sentence unless he wants to go into hiding and live like a poor peasant Indian peon which he most likely should of been stuck with in life. People from India and Pakistan are so corrupt that only the massive money made from this corruption is why they are even allowed to step foot in North America. Mr Ahmed committed fraud within months of joining Oak Industries and his corruption and theft became so brazen it is laughable. this guy persuade. this is a practice that I am sure is common in the financial al and vd his trusting partners to invest in some of his ideas charging more than the actual companies or ventures needed in capital and just pocketed for himself and his beautiful Indian wife into their estate and this is a practice that I am sure is common in the financial and venture-capitalist industries. I don't know why they just don't give Ifitkar a slap on the wrist.
Who cars if he manipulates the financial projections of these companies begging the likes of Oak Industries for money and subsidize their operations for decade or two? This is how it is always done in the financial markets and they didn't even bother to verify any shit that Ifitkar told them. just for this alone Oak Industries deserves to have been bamboozled and taken as a fool by this lone Indian. Iffy made his partners look Tonto as the Spanish would say as oak executives told a federal court in July that there is a culture of trust that is required within a partnership. Mr Ahmed surrendered his passport but somehow managed to bribe an official and get another one made with the millions he had acquired through fraudulent practices at Oak industries and escaped the nation no doubt giggling as he landed in India. Ifty made an ass to his partners and friends who know doubt want to get their hands on this scrawny India but this is their fault for trusting someone from India of all places. Mr. Ahmed was also a master of setting up fake invoices for transactions knowing full well this company wouldn't check to see and verify claims made by their beloved partner Ifty. He made a cool five million by a deal with a Korean company saying the sale price was forty seven million dollars when it was only forty two million and he pockets this money laughing all the way to the bank from the stupidity of his American partners at oak Industries.
His poor wife is also facing money laundering against her as she tried to wire a half a million dollars into India after purchasing a Manhattan apartment worth 8.6 million dollars. is it any wonder why property values have skyrocketed in these places. Ifkitar Ahmed is still a man on the run being searched by two big countries for his various frauds and theft and rumor has it he is seeking to become a Monk under an oak tree on some mountain top in Nepal to avoid his crimes.
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