Should I retain an attorney for a criminal complaint for investment fraud?

Hello. This is Daeryun Law LLC.

If it is a stock investment fraud situation in which the other party planned a clear crime and deceived you, you may have them punished through the criminal complaint process, and you may also seek the return of your money through civil litigation.

However, if the evidence to prove the charge is insufficient, you may have to bear the loss entirely, so you should quickly obtain the legal help of an attorney for the crime of fraud and prepare countermeasures.

If the charge in a criminal complaint for investment fraud is proven, the other party may bear not only criminal liability of imprisonment with labor for up to 10 years or a fine of up to 20 million won, but you may also receive compensation; however, preparing for this requires a great deal of time.

In addition, the evidence needed for a criminal complaint for investment fraud is that you must prepare documents that can prove that, in practical terms, the damaged funds were paid to, and deposited with, the fraud suspect, such as remittance statements and account transaction statements.

As time passes, it becomes more difficult to secure evidence, so I emphasize that there is a need to respond immediately.

In addition, given the nature of investment fraud, the fraud suspect's side is very likely to raise a rebuttal argument, to the effect that they had no intention of not returning the money, claiming that "there was a substance, a plan, and ability to the business, but due to circumstances such as the external environment the business fell through, and for that reason no business profit arose."

Filing a complaint together with other victims who suffered harm from the same other party is also a good method. First, we recommend that, with the assistance of an attorney for the crime of fraud who has abundant experience representing fraud complaints, you sufficiently prepare the evidence, circumstances, and the like to respond to this in a legally sound manner.