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I played the stock market and lost all my money, but I was…

Hello I played the...

Hello I played the stock market and lost all my money, but I was not shown a disclaimer and I was strongly encouraged to put in more and more money I kept saying no but in the end put in more money to try and recoup my money why did they let me lose ll my money why didnt they stop my investment before I lost my money

Lawyer's Assistant: Has anything been filed or reported?

I reported it to the ACORN

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

No not sure what else do you mean

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Answered in 1 minute by:
3/5/2018
Leon
Leon, Solicitor
Category: Australia Law
Satisfied Customers: 46,704
Experience: BEc Dip Ed, Dip Law (SAB) MTax (UNSW)
Verified

Hi, I am Leon, a NSW Solicitor. I am reviewing your question and will reply again in a moment.

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Good Morning

What was the enticement that made you put in more money?

Did they promise you anything?

Where are they based in Australia or Overseas?

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Customer reply replied 4 months ago
the original amount was not enough to do anything so I added more and then doubled my money , yes they did they said if I put in more I will be able to make a withdrawal the man guaranteed me i will thank him when the i put more money in
im not sure where they are from but I could hear other people in the room and they did not speak proper english properly

Good Morning

Did they guarantee that you would not lose your money? Do you have this in writing?

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Customer reply replied 4 months ago
no they did not what they said was wait and see what the stock market is doing, and dont do anything without checking with us first meaning dont close an account if it starts to make money then accounts were all in the negative
Customer reply replied 4 months ago
i cant call you am broke thats why I wanted a site where the advise is free

Good Morning

You do not have to call.

Are they Australia based?

This is how the market works but I am concerned that your money was not put on the market but you were scammed by overseas scammers and they stole it.

If they are in australia you can lodge a dispute with ASIC and if they have mislead you then you can get your money back.

If they are overseas then you cannot do anything.

If you wish to have a phone call to discuss this in more detail please elect a call or I can send you a request.

I hope this makes sense and is of assistance. If you have found my answer to be helpful, please rate me five stars so I can get paid for my services to you. I am happy for you to ask further questions on anything you wish more detail on.

Let me know if I have answered your question today.

Regards

Leon

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Good Afternoon

I am following up my last post.

Have I answered your question or is there something further you wish to know?

I look forward to hearing from you.

Regards

Leon

Leon
Leon, Solicitor
Category: Australia Law
Satisfied Customers: 46,704
Experience: BEc Dip Ed, Dip Law (SAB) MTax (UNSW)
Verified
Leon and 87 other Australia Law Specialists are ready to help you
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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