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How do I recover money from fraudulent investment?

Financial investment company out of business. Broker gone so is the account and all the money.

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Attorney answers (3)

Reputation Level 20
Fraud is actionable if certain elements of proof are established by the evidence. Using the written documentation you have is a good place to begin. Contact a local lawyer - many may give you a free consultation for an hour - to discuss your specifics. Far too many variables exist in the short post you wrote for any further observation by me.

Good luck to you.

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1 person marked this answer as good

Reputation Level 20
This sounds like a criminal matter, and something you should report to your City's white-collar fraud unit.

http://www.sanantonio.gov/sapd/prop.asp?res=144...

Since there are probably federal laws implicated here also, you may also want to go to the SEC:

http://www.sec.gov/complaint/selectconduct.shtml

You may have a civil claim as well but your inquiry has no specifics.

Disclaimer: Please note that this answer does not constitute legal advice, and should not be relied on, since each state has different laws, each situation is fact specific, and it is impossible to evaluate a legal problem without a comprehensive consultation and review of all the facts and documents at issue. This answer does not create an attorney-client relationship.
2 people marked this answer as good

Reputation Level 19
Don't hold your breath for the government to anything, they won't usually. You need to act on your own initiative to recover the funds, if they are a significant amount, contact us as we may be able to help:

www.brimstoneandcompany.com
chambers@brimstoneandcompany.com
1-202-318-2406

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