Our client was defrauded by a real estate investor who promised, in writing, to return the client’s funds along with a profit. After receiving the initial investment, the investor requested additional funds, claiming they were necessary to secure the venture’s success and ensure repayment. Trusting these representations, our client provided a second round of funding, bringing the total investment to six figures.
However, the investor ultimately absconded with the money, failing to deliver any returns and leaving the client with no option but to file a lawsuit for breach of contract, fraud, and related claims.
How Stone & Sallus Helped:
Stone & Sallus acted quickly, initiating litigation and serving written discovery to uncover the full extent of the investor’s misconduct. Their strategic pressure exposed the seriousness of the investor’s fraudulent behavior and forced him to the negotiating table.
The firm successfully secured a settlement that exceeded the client’s total investment, reimbursing all costs and fully compensating him for his losses. This swift and effective resolution turned a difficult situation into a highly favorable outcome for the client.
