Online investment fraud cases

Online investment fraud cases

Case Overview:

The case involves a retiree living in California who met someone online claiming to be an investment adviser who promised to help him achieve financial freedom through high-yield investment projects. The man was induced to make multiple transfers to the so-called "investment project," which amounted to a cumulative amount of $150,000. However, a few months later, the man discovered that the investment projects did not exist and he lost contact with them. Realizing that he had been scammed, he immediately contacted our law firm for legal assistance.

Legal Response:

Initial communication and victim counseling:
Our team of lawyers first carried out a detailed preliminary consultation, and detailed understanding of the old man's cheated experience, the fraudster's contact information, transfer records and other relevant information. Through this consultation, we confirmed the basic situation of the case and worked out a preliminary legal strategy.

Background of the investigation platform:
We helped the elderly collect all phone calls, emails and social media chats with the scammers, and analyzed the scammers' online activity trail through technical means. Working with the elderly person's bank, we tracked all the bank accounts and transaction records associated with the scammers, and discovered the path and ultimate destination of the money transfer. Using professional online investigation tools, the company conducted an in-depth investigation into the scammers' online identities and found that the scammers had used the same means many times to commit fraud.

Cross-border tracing and cooperation:
We assisted the elderly to file a report with the local police and provided all the evidentiary materials collected. We worked closely with the police to coordinate the investigation process, providing legal advice and support.

Litigation and Fund Recovery:
On the basis of full preparation, we filed a civil lawsuit in a California court against the scammers, seeking the return of the defrauded funds and monetary damages. We also applied for an asset freezing order, which successfully froze some of the swindlers' assets and prevented further property transfers. During the course of the lawsuit, we actively negotiated with the other party and eventually reached a settlement agreement. The swindlers agreed to return most of the defrauded funds and assume certain liability for compensation.

Case Outcome:

Through the professional services and tireless efforts of our team of lawyers, this case was finally brought to a successful conclusion. The old man not only successfully recovered most of the defrauded funds, but also obtained the corresponding financial compensation. In addition, the success of this case has also provided valuable prevention experience for other elderly people and enhanced the awareness of fraud prevention in the community.