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Other Property Transactions
During 1996, 1997, and 1998, Ahmed purchased various parcels
of real property (including subsidized HUD properties). To
conceal his ownership of these properties, Ahmed caused title to
the properties to be held either in the name of various nominee
corporations or in the name of his relatives.
On May 6, 1997, Ahmed caused Saghir to incorporate Macca
Corporation (Macca). On documents filed with the State of
California, one of Ahmed’s relatives was listed as the president
and sole shareholder of Macca. Ahmed signed all of the Macca
incorporation documents using the relative’s name.
Ahmed’s relative did not understand or know of the business
purpose or of the operations of Macca, of Macca’s business
address, or of the location of Macca’s books and records. The
relative did not sign documents on behalf of Macca, nor did he
control Macca in any way. Ahmed had complete control over Macca,
its assets, and its operations.
Sometime in 1997, Ahmed caused K & M to quitclaim to Macca
title to a building in which one of Ahmed’s pharmacies and one of
Ahmed’s clinics were located.
Ahmed purchased various other parcels of commercial and
residential property and put title to the properties in the name
of Macca. Ahmed used funds from the various pharmacies, clinics,
and lab that he controlled to purchase the above properties.
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