QUESTION
Is it safe to receive investments from international investors?
Asked on Oct 29th, 2013 on Business Law - Nevada
More details to this question:
I got an investor interested in my company. It is a startup business. The thing is its in the UK. They are offering me $100,000 to receive 25% of net profit. the thing is they need an agreement that is going to notarized in the UK and im required to pay the fees and they add up to almost $1500. Is this a normal process while negotiating an agreement in another country. What if it a scam and I pay the fees is their anyway I can get my money back?
1 ANSWER
R. Christopher Reade
You seem to be answering your own question regarding the safety of sending monies oversees without a neutral or escrow to hold the monies. Secondarily, the entire act of sending monies oversees to receive monies back should adequately indicate the safety and propriety of such as a transaction. You should have any proposed agreement reviewed by an attorney.
Answered on Oct 29th, 2013 at 9:31 PM