The following case is a discussion about how civilians may experience cheating, but may not be availed to the resources of criminal law.
Ms ‘F’, alongside other investors, were invited to invest in a business purportedly owned by Ms ‘R’. The business was housed on a private property that Ms ‘R’ claimed to own and guaranteed the returns to the investors as the property was soon to be en-bloc. Shortly after the transactions had officially commenced, there were prolonged delays with obtaining returns from Ms ‘R’ and unfulfilled returns that led the clients to engage JMSROGERS™ to investigate and verify. It was through the investigative efforts of JMSROGERS™ team that certain crucial details were uncovered; namely, that the property was in fact, not owned by Ms ‘R’. It had been revealed that she was renting the location for her business. It was also uncovered that the cheques Ms ‘R’ had been issuing were in fact void as the accounts from which the funds were allegedly drawn had already been closed.
They recommended that she commence legal proceedings against Ms ‘R’ to recoup her losses. In order to ascertain clarification, a letter was penned to AGC, PMO and MHA respectively. While the circumstances may seem relatively straightforward, the executive and legal procedures that underpin such situations may turn out not in favour of the victim for a great many reasons.
It is therefore incumbent on every individual entering open market transactions to thoroughly investigate the nature of the exchange and ensure the legitimacy of their transactions. JMS ROGERS™ offers quality recovery and private dispute resolution services, to assist with such conundrums.
Posted on behalf Pisteuo pte ltd.
