Renwick Haddow and Bar Works Allegedly Operated a Ponzi Scheme; 27 Chinese Investors Requesting that JPMorgan Chase Provide Data and are Suing the Bank for $3,050,000 in Damages
Renwick Haddow allegedly operated a fraudulent Ponzi scheme, according to Court Reports from New York Southern District Court under review by attorney Alan Rosca.
Attorney Alan Rosca, of the RoscaLaw LLC firm, is investigating Renwick Haddow & Bar Works’ alleged Ponzi scheme. Investors who believe they may have lost money in activity related to Renwick Haddow & Bar Works’ alleged Ponzi scheme are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
27 Chinese investors are suing JPMorgan Chase & Co. & JPMorgan Chase Bank for a grand total of $3,050,000 in damages, according to the aforementioned Court Reports.
Said investors are also officially asking that the Bank give them data related to Bar Works & Renwick Haddow, Jonathan Black, Zoia Kyselova aka Zoe Miller aka Zoia Haddow aka Koia Kyselova, the Court Reports note.
The New York Southern District Court Reports have also stated that JPMorgan Chase & Co. and JPMorgan Chase Bank, N.A. have reportedly been opposed to discovery-related demands by the plaintiffs in the civil lawsuit.
JPMorgan Allegedly Held Actual Notice Regarding Haddow’s Purported Money Laundering involving Investors’ Money
The aforementioned purportedly defrauded investors also have alleges that JPMorgan held “actual notice” that Haddow was allegedly laundering investors’ money, according to the aforementioned Reports under review by attorney Alan Rosca.
The plaintiffs in the Bar Works case have alleged several causes of action against JPMorgan including:
- • allegedly knowing participation in a breach of trust
- • alleged commercial bad faith
- • alleged gross negligence
- • allegedly aiding and abetting fiduciary breach
- • allegedly aiding and abetting conversion
- • alleged unjust enrichment
- • alleged aiding and abetting embezzlement
The aforementioned action occurred as a purported result of Bar Works Inc’s deposits allegedly being immediately transferred out of the business operating account and into overseas money laundering shelters such as Mauritius, the Seychelles and Morocco, according to the Court Reports.
Securities Lawyer Investigating
The RoscaLaw firm represents investors who lose money as a result of investment-related fraud or misconduct and are currently investigating Renwick Haddow & Bar Works’ alleged Ponzi scheme. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions, and has helped recover tens of millions of dollars on behalf of investors.
Investors who believe they lost money as a result of Renwick Haddow & Bar Works’ alleged Ponzi scheme may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at email@example.com, or through the contact form on this webpage.