Georgia trial lawyer wins $2.5 million verdict in fraud case in Cobb County
A Cobb County Superior Court judge awarded $2.5 million to Susan Farhadi, a woman who was defrauded by Vesta Strategies.
The Atlanta Journal Constitution has the story.
Apparently, the lawsuit alleged civil fraud claims, RICO and breach of fiduciary duty. Because Vesta is no longer in business, it is unclear whether the lawsuit was defended, or whether the judge simply made a decision on damages after entering a default judgment against the company.
As the economy continues to worsen, it is likely that we will see more of these frauds come to light. Once the music stops playing, there are never enough chairs to go around.
Our trial attorneys work hard to protect consumers and investors who have been defrauded by unscrupulous businesses in real estate and investment scams. We have had no shortage of calls this year from people who have been victimized in these schemes.
If you have lost money as the result of fraud, it is very important that you act quickly. It is the only way to try to recover money that may otherwise be gone for good.
