K
kalil
Guest
My husband and I were convinced to invest $35K into a lease for a $10Million fund. Because the recruiter was a co-worker and friend of my husband, we trusted her and was assured by her that our money was safe and to be placed into a trust and that we could decide at any time to leave the investment and withdraw our initial investment w/o penalty.
We signed what seemed to be an agreement that our money was to be included with other investors and that the moneys would be invested within one (1) year. After that date, we could then get our initial investment back with any profits. However, the papers we signed was never specific on when that year would begin and commmence. Furthermore, no documents were given us to date.
After one year, we contacted the recruiter and other parties involved that we wanted out and wanted our initial investment, even without any profits. They informed us that the money had not been invested yet for many reasons. From this point on, for a period of four (4) years, they would continually tell us that we would recieve our money "next week". Unfortunately, each week passed for FOUR years and to this date, no money, just a multitude of excuses.
My husband and I are simple and do not understand much of the law, but definitely had felt something was wrong after the original signing and the first year.
We just want our initial investment of $35K which to this day, they promise will recieve. CAN WE SUE THEM FOR OUR INVESTMENT AND ANY MONEYS SUCH AS INTEREST? IS THERE A STATUTE OF LIMITATIONS FOR THIS EVEN THOUGH THEY CONTINUALLY PROMISE US THAT THEY ARE IN THE PROCESS OF GETTING THE MONEY, MONEY THAT WAS NOT EVEN INVESTED PER THEIR CORRESPONDENCE WITH US?
Please advice. Thank you for your time and we look forward to hearing from you very soon.
Kalil
[email protected]
We signed what seemed to be an agreement that our money was to be included with other investors and that the moneys would be invested within one (1) year. After that date, we could then get our initial investment back with any profits. However, the papers we signed was never specific on when that year would begin and commmence. Furthermore, no documents were given us to date.
After one year, we contacted the recruiter and other parties involved that we wanted out and wanted our initial investment, even without any profits. They informed us that the money had not been invested yet for many reasons. From this point on, for a period of four (4) years, they would continually tell us that we would recieve our money "next week". Unfortunately, each week passed for FOUR years and to this date, no money, just a multitude of excuses.
My husband and I are simple and do not understand much of the law, but definitely had felt something was wrong after the original signing and the first year.
We just want our initial investment of $35K which to this day, they promise will recieve. CAN WE SUE THEM FOR OUR INVESTMENT AND ANY MONEYS SUCH AS INTEREST? IS THERE A STATUTE OF LIMITATIONS FOR THIS EVEN THOUGH THEY CONTINUALLY PROMISE US THAT THEY ARE IN THE PROCESS OF GETTING THE MONEY, MONEY THAT WAS NOT EVEN INVESTED PER THEIR CORRESPONDENCE WITH US?
Please advice. Thank you for your time and we look forward to hearing from you very soon.
Kalil
[email protected]