Renwick Haddow & Bar Works — Alleged Ponzi Scheme
JPMorgan Chase & Co. & JPMorgan Chase Bank, N.A. Allegedly Aided and Abetted Renwick Haddow and His Purportedly Fraudulent Ponzi Scheme; 27 Chinese Investors Suing JPMorgan for a Total of $3,050,000 in Damages and Requesting the Bank Provide Them with Data Related to Bar Works & Renwick Haddow
JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A. allegedly aided and abetted Renwick Haddow and his purportedly fraudulent Ponzi scheme, according to Court Reports New York Southern District Court under review by attorneys Jason Kane and James Booker.
Peiffer Wolf Carr & Kane securities practice lawyers are investigating Renwick Haddow & Bar Works’ alleged Ponzi scheme.
Investors who believe they may have lost money in activity related to Renwick Haddow & Bar Works’s alleged Ponzi scheme are encouraged to contact attorneys Jason Kane or James Booker with any useful information or for a free, no obligation discussion about their options.
JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A. have allegedly been against discovery-related demands by the plaintiffs in a civil lawsuit opened in a New York court, according to said Court Reports.
What is more, it should be remembered that that 27 Chinese investors, who claim to have been allegedly defrauded by Bar Works, are suing the bank for a total of $3,050,000 in damages, Court Reports note.
Said investors have also requested that the New York Southern District Court urge JPMorgan Chase & Co. to provide them with ample amounts of data, including all documents related to Bar Works, Renwick Haddow, Jonathan Black, Zoia Kyselova aka Zoe Miller aka Zoia Haddow aka Koia Kyselova, the Court Reports note.
Plaintiffs in the Bar Works Case Assert Several Causes of Action against JPMorgan including Alleged Knowing Participation in a Breach of Trust, Alleged Aiding and Abetting of Embezzlement, Alleged Aiding and Abetting of Fiduciary Breach and Conversion, Alleged Unjust Enrichment, and Alleged Commercial Bad Faith and Gross Negligence
The plaintiffs in the Bar Works case assert seven alleged causes of action against JPMorgan including:
• allegedly knowing participation in a breach of trust
• alleged aiding and abetting embezzlement
• allegedly aiding and abetting fiduciary breach
• allegedly aiding and abetting conversion
• alleged unjust enrichment
• alleged commercial bad faith
• alleged gross negligence
The purportedly defrauded investors also allege that JPMorgan had actual notice that Haddow was purportedly laundering investors’ money, Court Reports note.
Said action took place as a purported consequence of Bar Works Inc’s deposits allegedly being immediately transferred out of the business operating account and into overseas money laundering havens such as Mauritius, the Seychelles and Morocco, Court Reports state.
Securities Lawyers Investigating
The Peiffer Wolf Carr & Kane securities lawyers often represent investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Renwick Haddow & Bar Works’ alleged Ponzi scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Investors who believe they lost money as a result of Renwick Haddow & Bar Works’ alleged Ponzi scheme may contact the securities lawyers at Peiffer Wolf Carr & Kane, Jason Kane or James Booker, for a free no-obligation evaluation of their recovery options, at (585) 310-5140 or via e-mail at email@example.com or firstname.lastname@example.org.