MX Properties was an unsuspecting victim of international fraud

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Fraud isn’t something that only happens to big companies. It is a universal problem that targets unsuspecting business owners of all types and sizes of business. The following story outlines the fraud scheme that was launched against MX Properties and the steps they have taken and are taking to recoup the money that was taken illegally from their firm as well as their reputation in the industry.It was late 2015 when MX Properties decided to engage in the services of an outside consultant by the name of John S. Diak. This consultant had extensive experience as a mortgage broker and offered MX Properties the ability to invest in financial instruments commonly used in bank to bank lending transactions.

Since the consultant brought the experience and contacts, it was MX Properties’ role to put up the initial investment capital that was to be used to establish various bank accounts and secure the lines of credit that were to be used to purchase the financial instruments. In all, MX Properties made $1 million in initial investments that was wired to various banks as instructed by the consultant. Unfortunately, the money was not used in the manner in which it was described to MX Properties. In addition, they never received access to the project funds that were promised to them by the consultant.

After a number of months and numerous attempts to contact the partner companies, the executives at MX Properties began to realize that things weren’t on the up and up. It was then that the consultant admitted that he had known that the original partners weren’t good guys and that he had already taken steps to try and get the project funding accessible without them. He then produced a letter authored by Lisbon Portugal lawyer Carmen De Souza and addressed to Mr. Diak.

The letter stated that Carmen de Souza would be able to help MX Properties get access to the funds they needed however, before she would be able to intervene on their behalf, MX Properties needed to wire $11,000 in miscellaneous fees. Skeptical at first, MX Properties demanded that they receive written confirmation that the Lisbon Portugal lawyer would immediately release payment of the $5 million in Euro upon payment of the fees. She agreed and sent the letter. It was only then that MX Properties agreed to make payment.

This action still did not materialize the funding that MX Properties had been promised, even after Carmen de Souza sent letters stating that she had, indeed, received the wire transfer and “confirmed” that she sent payment instructions to the banks, as promised. And now, there is yet another party involved who has been sending harassing emails to MX Properties as well as making libelous statements against the company in an effort to delegitimize them in the industry. MX Properties is working to take the steps necessary to hold those who are behind this fraud accountable for their actions as well as recoup the money that has been taken from them.

Before you hire a Lisbon Portugal lawyer, it pays to do a thorough investigation. This way you can avoid corrupt lawyers like Carmen De Souza. Visit today to learn more.

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