I HAD INVESTED MONEY IN SHARES WITH ONE PARTY AND HE USE TO PAY MONTHLY RETURNS EVERY MONTH ON THE MONEY I INVESTED..HE ISSUED ME CHEQUE AGAINST THE TOTAL CAPITAL AND PROFIT AND GAVE ME CHEQUE BUT IT GOT BOUNCED WHEN I DEPOSITED THE SAME..I ISSUED HIM NOTICE UNDER 138..BUT NOW HE IS CLAMING THAT HE HAS PAID ME MAJOR AMOUNT ACTUALLY HE HAD PAID ME AS A PROFIT FOR WHICH I HAVE INVESTED WITH HIM..THUS WHO CAN I TACKLE THE PARTY AS HE HAS DONE FRAUD AND DONE WITH MANY PEOPLE..PLEASE REPLY ME ON [email protected] and GUIDE ME ACCORDINGLY
3 Answers from Attorneys
you need to be in possession of a document that states you have been promised a certain percentage of profit for your investment. in case you do not have that documents or a contract, your case is weak. still you can file a complaint.
You may pursue your 138 remedy.
In addition to cheque dishonour case, you may also file for cheating.
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