Legal Question in Civil Litigation in California

Dear Sir,

I live in the US and One of my friends invested their money in a business.The business partner forced him to release the money saying he would bring his money in 1 or 2 months and after money got released,he started the business on my friends money and is still running on my friend's money.Apart from that they made our friend sign surety for the purchase of the business from a third party. I would appreciate if you could offer us any advice regarding how to proceed with this matter.What kind of attorney should I go to ? And is there any way to retreive the invested money.Please also suggest us a good attorney who can handle this situation.

Thanks,

April


Asked on 3/02/11, 9:45 pm

2 Answers from Attorneys
Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE

The time to retain an attorney is before you pay money/sign documents. Now that Your Friend has been scammed on, he or she will need to retain an attorney and sue for fraud -- but good luck finding any money. If, as you indicated, the use of force was involved, Your Friend should contact the police and describe the type of weapon (gun, knife) used to force the payment of money / signature on documents.

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Answered on 3/02/11, 10:06 pm
Terry A. Nelson Nelson & Lawless

IF there is actually a business operating, and IF there is actually any money left, then a lawsuit for fraud, breach of agreement, and other applicable causes of action could be filed. If it makes economic sense to go after them, and if the defendants and business are in Southern California, feel free to contact me to discuss the facts and possible case.

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Answered on 3/03/11, 11:11 am


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