Home » LAW »» Intellectual Property

$3600 stolen (Intellectual Property)

Wed, 22 Jan 2003 03:30:00 GMT

What is the name of your state? AZ
HI. I hope this is the right forum to post in. I apologize if it is not.
My brother lives in Bankok. I own a small webhosting company, and my brother decided he would liek to start his own company. So, he found a seller on another board here in AZ, and made arrangements to buy this persons accounts.
While he was smart enough to get a non-compete from the guy, he did not get a signed contract, as he felt comfortable with this person.
Anyway, he bank wired the funds ot the guy, and has not heard form him since. He did give me the bank info for the person (it was a business account) but the bank would only tell me that the account was now closed, and would not give me any dontact info.
I am at a loss, as the local police said that the crime must be reported where my brother lives.
What can be done in this instance? Is my brothers money just gone? Or is there some legal recourse we can take against this person we can't find?
Brian

Comments (4) | Promote | Bookmark |

  • Leave a Comment Now.
  • Comments
  • Wed, 22 Jan 2003 11:26:00 GMT(1)
  • Originally posted by bfriended1
    "**A: tell your brother to write it off."
    That is a lot of money. There has to be something to do.
    Brian
    **A: what are you going to do? If you can't find him, you can't serve him a lawsuit or even send Vinnie after him to break his leg.
    You can hire a PI or skip tracer but does he have more money to burn? You should have met with this guy, gotten a signed contract, transfer the accounts etc. before paying any money.
  • Wed, 22 Jan 2003 09:04:00 GMT(2)
  • Originally posted by bfriended1
    What is the name of your state? AZ
    HI. I hope this is the right forum to post in. I apologize if it is not.
    My brother lives in Bankok. I own a small webhosting company, and my brother decided he would liek to start his own company. So, he found a seller on another board here in AZ, and made arrangements to buy this persons accounts.
    While he was smart enough to get a non-compete from the guy, he did not get a signed contract, as he felt comfortable with this person.
    Anyway, he bank wired the funds ot the guy, and has not heard form him since. He did give me the bank info for the person (it was a business account) but the bank would only tell me that the account was now closed, and would not give me any dontact info.
    I am at a loss, as the local police said that the crime must be reported where my brother lives.
    What can be done in this instance? Is my brothers money just gone? Or is there some legal recourse we can take against this person we can't find?
    Brian
    **A: tell your brother to write it off.
  • Wed, 22 Jan 2003 10:24:00 GMT(3)
  • "**A: tell your brother to write it off."
    That is a lot of money. There has to be something to do.
    Brian
  • Wed, 22 Jan 2003 14:05:00 GMT(4)
  • If I would have known what he was doing, I would have done that. But he asked me to help find him AFTER he dissappeared.
    I do have his name, and the name of his business. But can I press charges on behalf of my brother, or does he have to do it?
    Brian
  • Leave a Comment Now.

Intellectual Property Open Questions

Some questions maybe you're interest in...

Impeding Traffic?

[Traffic Law] What is the name of your state? Georgia I pulled out of a service station onto a four lane city street -- three lanes for through traffic and the leftmost lane for left turns. There was no traffic at all on the through lanes (the light to my left was red, keeping back the traffic) but there was a.........

What to do? Daughter home after 2 years, question about custody & child support

[Family Law] Massachusetts My 17 y/o daughter called last night and wants to live back home, she lives with her dad 4 miles away. My ex husband and I seperated in Nov. 2005, divorced October 2006. Joint custody with physical being given to her Dad. ( Her choice after father confided and convinced her to stay.........

F1 applying for H1B plus more

[Immigration Law] What is the name of your state? GA Hello, I am currently on F1 visa working on my doctoral degree. My Visa has expired but I 20 is valid that means whenever I step outside the country I have to get my visa stampped again. Now I have job offer based on my undergraduate degree and not my.........

Slander/Extortion Question + More!

[Consumer Law & Fraud] I live in UT. I have a few questions, apparently an ex friend thinks she is a legal expert and can sue me for everything under the sun. I'm currently in the middle of a roommate situation where a roommate moved out without giving me any notice and is now threatening to sue me to get her.........

Clarification on definition of conjugal partner needed. Please help.

[Immigration Law] I recently became engaged to my boyfriend of four years. He is a Canadian, I'm American. I know that he can sponsor me once we are married, fiancee sponsorship no longer avialable, but I dislike the idea of getting married then spending the first 6-12 months living apart while waiting for the.........

vehicular manslaughter without gross negligence

[Accidents & Personal Injury Law] What is the name of your state? CA Last year I was involved in an accident where I was turning left and a motorcycle crashed into the rear right door of my SUV. The motorcycle had the right of the way because he was going straight. Unfortunately, the cyclist passed away. Now, I am being charged.........

Venue/Small Claims/Corporation

[COURTS, LAWYERS & LITIGATION] What is the name of your state? California The property is in Utah, I am in Northern California and the old mortgage company is in Southern California. I refinanced the mortgage to get rid of the usurious Southern California outfit. I read the contract and refinanced when the prepayment penalty.........

Threat of Losing Job Possibly, HELP!

[Employment & Labor Law] What is the name of your state? va Recently our company won the right to rebid on gov't contracts however, other competitors are allowed to compete. Apparently, these competitors have been actively recruiting and approaching people in my company. One of our program directors held a secret.........

Job assignmet discrimination

[Government & Administrative Law] What is the name of your state? Indiana A couple of months ago, our boses decided to change our job titles and discription of work. One of my colleges who held the same title before the change, but signed the same paperwork as the rest of us, but is not being required to due the same work as the.........

Phone Scam

[Consumer Law & Fraud] When I was having my dinner at around 7 PM today. ( Nov 15, 2005), I got a call from someone with an indian accent and telling me that I was selected to receive 12000 from Federal Money for the reason that I was paying my tax ontime or i am a good tax payer. Of course, I was alerted right at that.........