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Investment scam

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1 Investment scam on Sun Jan 21, 2018 7:10 pm

Jayar19


Arresto Menor
Good day!
Last May 2017 I invested 300K to ms scammer and entered into a contract. Our contract is just an acknowledgement of debt and it states that my capital will be paid for a period of 1 year with a monthly interest of 10%.This May 2018 our contract will end. She just paid me 3 months interest a total of 90K and then nothing follows. She also issued me two post dated checks worth 80K each but have bounced.
I already sent her demand letter but she said she will do counter demand to the ombudsman since I am a govt employee because 10% interest is illegal. Does she has a reason to file a case since she is the one who offer the 10%interest? How can i force her to return even just my capital? She just keep on promising and always reasoned that her business is down right now.Thanks

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2 Re: Investment scam on Mon Jan 22, 2018 7:24 am

mikos23

avatar
Reclusion Perpetua
Kindly post your query in the Business and Trade forum and not here in the Labor and Employment.

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3 Re: Investment scam on Tue Jan 23, 2018 8:32 am

attyLLL


moderator
File a small claims case. look it up on youtube and the supreme court website


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4 Re: Investment scam on Tue Jan 23, 2018 7:11 pm

Jayar19


Arresto Menor
Pwde na po ba mag file ng small claims kahit di pa po tapos contract namin.1 yr po kasi kasi yung period.then matagal po ba ang process at sure po ba na makuha ko pa money ko.and small claims pa din po ba kahit 300 thousand po ang amount?

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5 Re: Investment scam on Tue Jan 23, 2018 10:02 pm

attyLLL


moderator
yes, because there is already failure to pay the first installments and it was already confessed that no payments are forthcoming


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6 Re: Investment scam on Thu Jan 25, 2018 7:59 am

Jayar19


Arresto Menor
Pag small claims po ba maforce po ba sya sumipot sa hearing. Mas madali po ba ang collection dito

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7 Re: Investment scam on Fri Jan 26, 2018 8:09 pm

attyLLL


moderator
no guarantee, but that is the remedy provided by law


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