Transnational online investment fraud cases: How to deal with online fraud and protect assets

Transnational online investment fraud cases: How to deal with online fraud and protect assets

Case Overview:

This case involves a Portuguese citizen (hereinafter referred to as "Owen"), who, while working in the United States, met a woman (hereinafter referred to as "Amy") who claimed to be a senior investment consultant on Wall Street through social media. Amy recommended a high-yield investment project to Owen and promised a fixed monthly return. Under Amy's persuasion, Owen transferred a total of 150,000 US dollars to the account she provided. However, a few months later, Owen found that he could not log in to the investment platform and Amy had lost contact. He realized that he had been defrauded, so he entrusted our law firm to help him recover his losses and hold the fraudsters accountable.

Legal Response:

Initial communication and victim counseling:
During the initial consultation, our legal team learned in detail about Owen’s experience and the background of the case, and collected relevant evidence, including communication records with Amy, transfer receipts, registration information of the investment platform, and transaction records. We provided Owen with professional legal advice and analyzed the legal basis of the case and possible litigation strategies.

Evidence collection and fixation:

We assisted Owen in organizing all the evidence materials, including communication records with Amy, transfer receipts, registration information of the investment platform, and transaction records. At the same time, we contacted relevant financial institutions and Internet service providers to obtain more detailed records and reports to ensure the integrity and legality of the evidence.

International Arbitration and Mediation:

During the trial, we elaborated on Owen’s claims and legal basis in detail and provided sufficient evidence to support them. Members of the fraud gang argued that their actions were normal investments, but in the face of evidence provided by Owen, such as communication records, transfer receipts, registration information of the investment platform and transaction records, the court found the fraud gang guilty of fraud and sentenced them to return the remittances and compensate Mr. Zhang for his economic losses.

Key Points in the Case:

1. Once you find that you have been cheated, you should immediately report to the local police and keep all relevant evidence.

2. Transnational fraud cases require the cooperation of the police and judicial authorities of various countries, and joint investigations are conducted through channels such as INTERPOL.

3. Before filing a lawsuit, you can apply to the court for property preservation to prevent fraud groups from transferring assets.