Read the full judgment text of HCA 654/2016 on BabelCite. This High Court CFI judgment was delivered on 24 May 2016.
1. These proceedings are brought by the plaintiff as a result of an email fraud in which the plaintiff was induced to make certain payments to the 1 st defendant as an investment in a company listed on the NASDAQ exchange. The payments were made to the 2 nd , 3 rd and 4 th defendants. It is now clear that the plaintiff was induced to make the payments as a result of fraudulent conduct on the part of the 1 st defendant. Despite that, the other defendants have failed to refund the monies due.