If I invest my money in a project, how can I make sure they dont disappear with the money and leave me with nothing?
Question Details: Someone I have met a few months ago and have done business with a few times wants me to invest in a project he wants to do. They need the money to buy equipment and to pay salary and after 3 months I get 10% of profit plus my money paid back over 8 months period. How do I make sure they dont disappear with the money and leave me with nothing
Business Law Answers
This is a good question. You need to discuss this situation with an attorney and get an agreement that protects your interest.
Contact my office for this legal assistance
Robert Spitz
909 395 0909
I would suggest that you become a partner in this venture with control over how your money is used. Once you're repaid, you can withdraw as a partner. For more, please call me at 310-552-0808. Brenda Feigen (Los Angeles). Admitted in CA and NY.
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