Online investment fraud cases

Online investment fraud cases

Case Overview:

The case involved a retired elderly man living in New Delhi, India, who met a person claiming to be an investment consultant online who promised to help him achieve financial freedom through high-yield investment projects. Under the other party's inducement, the old man transferred money to the so-called "investment project" several times, with the cumulative amount reaching 150,000 US dollars. However, a few months later, the old man discovered that these investment projects did not exist at all and the other party had lost contact. The old man realized that he had been cheated and 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:

After thorough preparation, we filed a civil lawsuit against the scammers in the New Delhi court, demanding the return of the defrauded funds and compensation for economic losses. They also applied for an asset freezing order, which successfully froze some of the scammer’s assets and prevented him from further transferring property. During the litigation process, we actively negotiated with the other party and eventually reached a settlement agreement. The scammers agreed to return most of the defrauded funds and assume certain compensation responsibilities.

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.