What is the name of your state?What is the name of your state? VA
I am in VA, but this was a business registered in Texas. This business was investigated by the SEC and found to be deficient in many, many ways, including the way they stated their financials, and implying perhaps forging of documents by the CEO to steal money from the company, and other bad things. I and other shareholders saw our "worth" drop more than 95% in a day...a lot of money. We now understand he has set up a Trust for his children and believe that is where he has put the money. Can stolen money be put in a Trust and thus "safe" from lawsuits? I want to do a civil suit, but everyone says "Oh, you can't get it now, it's in the Trust." Thanks.
I am in VA, but this was a business registered in Texas. This business was investigated by the SEC and found to be deficient in many, many ways, including the way they stated their financials, and implying perhaps forging of documents by the CEO to steal money from the company, and other bad things. I and other shareholders saw our "worth" drop more than 95% in a day...a lot of money. We now understand he has set up a Trust for his children and believe that is where he has put the money. Can stolen money be put in a Trust and thus "safe" from lawsuits? I want to do a civil suit, but everyone says "Oh, you can't get it now, it's in the Trust." Thanks.