The claimant, Mr Alvarez, sues for damages or recovery of approximately 2.31 million US dollars ($), plus interest, which he placed in the hands of the third defendant (Shatton) for investment. The money was nearly all lost to Mr Alvarez. He alleges that he was induced by fraudulent statements from the defendants to entrust his money to Shatton and that the defendants dishonestly conspired and contrived to misappropriate it for Shatton’s use and that Shatton invested most of it into a fund from which it disappeared.
Judges:
Kerr J
Citations:
[2019] EWHC 1774 (QB)
Links:
Jurisdiction:
England and Wales
Torts – Other
Updated: 25 July 2022; Ref: scu.639724