Read the full judgment text of DCCJ 000876/2001 on BabelCite. This District Court judgment was delivered on 28 August 2001.
1. The defendant company was a leverage foreign exchange trader. In September 1997, the plaintiff through the introduction of her acquaintance, Ms Muk of the defendant, signed an agreement ( the Agreement" ) with the defendant to open an account and began trading in foreign exchange. When the plaintiff closed her account in March 1998, she had incurred a total trading loss of about $340,000. More than eighteen months after the closing of her account, the plaintiff came to know that throughout th