Stock Investment Fraud Assistance Case | 100 Million Won Claim for Return of Investment Funds Granted

Stock investment fraud: we heard about the specific circumstances of the client who became a victim.

The client therefore came to Daeryun's specialist attorney and requested assistance in order to recover the money paid to the defendant by filing a lawsuit for the return of stock investment funds and unjust enrichment.

The lawsuit for return of investment funds filed by the client refers to a lawsuit filed by an investor who has suffered loss due to improper investment or fraud in order to recover the funds for that investment.

In other words, it is a civil lawsuit intended to protect the rights of investors.

Through it, the losses of victims can be minimized, and legal action can be taken against the person who engaged in the improper conduct.

As with the defendant in this case, where the principal, interest, and returns are not repaid, the crime of fraud may also apply.

Currently in our country, the crime of fraud is punishable by imprisonment for not more than 20 years or a fine not exceeding 50 million won.

The defendant secured two rounds of investment from the client by guaranteeing returns of 14% and 16%, but did not return either the principal or the returns.

We therefore argued that the defendant should calculate the respective returns on the 100 million won principal and return the total combined amount to the client.

We argued that, even if entrusted with the investment by the client, the defendant either lacked the ability to achieve the principal-guaranteed returns he assured,

or, even if he achieved such returns, had no intention of repaying the plaintiff the principal and its returns,

so this amounted to concluding the stock investment contract by deceiving the plaintiff.

Accordingly, applying the crime of fraud to the defendant, the client revoked the declaration of intent accepting the investment contract,

and we argued that the 100 million won received by the defendant therefore constitutes unjust enrichment, so the defendant must return the stock investment fraud loss to the client.

With stock investment fraud, even if the other party is caught, in many cases the victim cannot recover the loss, such as the principal, let alone damages, if the party has already disposed of or concealed assets.

It is therefore advisable to respond promptly, such as by reporting the investment fraud, from the moment the harm is discovered.

If, like the client above, you do not wish to proceed with a criminal lawsuit by applying a charge of fraud and only wish to recover the stock investment fraud loss, it is important to prepare the civil trial quickly with the help of a specialist attorney.

At Daeryun, a criminal attorney reviews the direction of the response, and where necessary, works with the evidence examination center and digital forensics center to handle the securing and analysis of materials in one place.

If you need help, you may request a consultation at your convenience through 🔗Legal Consultation Booking.