Dear Sirs,
MayFair is an Agency based in London and offers his services to purchase US properties. I signed the attached contract in which it is stated that MayFair would have identified a suitable property in the US. After paying the requested deposit MayFair participated in a shortsell in Detroit and at the end of last July communicated to me that they secured the shortsell and they requested to pay the balance of $52, 990 by the 5th of August, to conclude the deal. I transferred the money at the beginning of August at the end of September the owner of MayFair, Mr Walia declared insolvency and applied for voluntary liquidation.
At this point there is sufficient evidence that MayFair is a fraude for the following reasons:
(a) £100, 000 are missing and the Director is claiming that he lost the money in the stock exchange because the Articles of Associates & Memorandum of the MayFair Group allows him as a Director to do so. This is unsustainable because the attached legal agreement mention only that MayFair will use the clients’ money to purchase US properties and nothing is mentioned about the possibility of using the clients’ money to gamble in the stock exchange;
(b) The account books of MayFair have gone missing; and
(c) Mr Walia applied for voluntary liquidation without having the right to do so (e.g. no transaction in the previous three months).
Now Mr Walia is planning to declare personal bankrupty
Basically my questions are:
(a) What is the possibility of finding where my $52, 990 have gone ?
(b) What is the possibility of pressing criminal charges against Mr Walia and the chance of him being condemned for fraude ?
Kind reagards

Venanzio Vella