What is the name of your state (only U.S. law)? Florida
Law Firm
I had a Trust set up in Nevis some years ago. It has $290,000 In It! The Agent took all the Funds out of any Vehicle that was producing a yield and placed it in a Non Interest bearing bank account over three years ago. He has never given us proof of this and continues to take about $9,000 a year In fees. He has since moved from Florida to Hong Kong. We have been trying to close the Trust for a long time and the Agent continues to give us the same excuses and refuses to close the Trust and return the money. He had our Investigator provide him with a Legal opinion as well as the 3520's. Even after that we could not close the Trust. He simply refuses to give us our money.
Our Investigator said he would pursue closing our Trust for only $1 because of all that we have been through. But we have to sign a General Release from Liability that we need to sign in the next two days or so? He has worked on other things in the past and never asked for this. We did get $308,000 from another Trust prior and he convinced us to Invest $250,000 with his Friends Co.in Mclean, Va. His Friend is also on his Board of Directors on the Investigators Web Site. The Loans & Investment with his Friend have been in default since 2007. It does not look good. Even though we asked for a Prospectus ( violation of Blue Sky Laws maybe more) and I Notarized copy of the contracts we never received them. I have many emails backing this up. We were told our Investment should return 10 to 15 times on our money. The money never went to our account. It went from the Investigators escrow account directly to his Friends or board members account. The Trust money as well as the Invested money are crucial as It is all we have left. Now we only get $1400 a month S.S. We live In a 55 + mobile home park in Florida. We are very worried and not sure what to do.
Can you help us? What would you charge and what could you do for your fee or what can we expect?
Respectfully,
Rick Graef
941-779-8385
Law Firm
I had a Trust set up in Nevis some years ago. It has $290,000 In It! The Agent took all the Funds out of any Vehicle that was producing a yield and placed it in a Non Interest bearing bank account over three years ago. He has never given us proof of this and continues to take about $9,000 a year In fees. He has since moved from Florida to Hong Kong. We have been trying to close the Trust for a long time and the Agent continues to give us the same excuses and refuses to close the Trust and return the money. He had our Investigator provide him with a Legal opinion as well as the 3520's. Even after that we could not close the Trust. He simply refuses to give us our money.
Our Investigator said he would pursue closing our Trust for only $1 because of all that we have been through. But we have to sign a General Release from Liability that we need to sign in the next two days or so? He has worked on other things in the past and never asked for this. We did get $308,000 from another Trust prior and he convinced us to Invest $250,000 with his Friends Co.in Mclean, Va. His Friend is also on his Board of Directors on the Investigators Web Site. The Loans & Investment with his Friend have been in default since 2007. It does not look good. Even though we asked for a Prospectus ( violation of Blue Sky Laws maybe more) and I Notarized copy of the contracts we never received them. I have many emails backing this up. We were told our Investment should return 10 to 15 times on our money. The money never went to our account. It went from the Investigators escrow account directly to his Friends or board members account. The Trust money as well as the Invested money are crucial as It is all we have left. Now we only get $1400 a month S.S. We live In a 55 + mobile home park in Florida. We are very worried and not sure what to do.
Can you help us? What would you charge and what could you do for your fee or what can we expect?
Respectfully,
Rick Graef
941-779-8385