Western Gulf Advisory was a supposed asset management company based in Bahrain and Switzerland.
[1] In 2008 Ahsan Ali Syed, claimed to have $8 billion and then formed Western Gulf Advisory.
[citation needed] Another employee of Western Gulf Advisory is Omer Khan (their CFO).
[citation needed] In February 2011, Western Gulf Advisory and Ahsan Ali Syed purchased the Racing de Santander football club in Spain.
[2] In 2014 Switzerland issued an arrest warrant for Ahsan Ali Syed over charges of fraud and money laundering in relation to Western Gulf Advisory.