Envestio Action Group

Dear investors,

Let me present myself, my name is Azucena L. and I am Guillermo's wife. Like all of you, we are real investors who were just trying to get better profitability from our savings. In total, we had 43k euros invested in Envestio OU. With this, you can understand that the main goal is to recover the money that it took us that much effort to gain.

We are aware that it will take us a lot of work and time to achieve this, but we are willing to do it for what we feel it's a fair cause to go with. What we can all be assured is that if we don't move as a group, and instead everyone tries to take action individually, the chances to recover the investments will be less.

As my husband introduced you by email, this is our fundraising page to collect funds towards the LEGAL COSTS of reclaiming our investments made on Envestio OU with Magnusson Law's firm help. You can find more information about the law firm and the lawyer (Denis Piskunov) here: https://www.magnussonlaw.com/people/denis-piskunov/

This page is only for people who have filled up the Google Form that Guillermo shared with you previously. Please do not contribute before you fill-up the form.

To join our legal case, you are required at this stage to contribute with 0.8% of your claim amount considered as [Bank deposits to Envestio - Successful withdrawals].

e.g. You have deposited a total of EUR 10,000 into Envestio IBAN account. You managed to withdraw to your bank account EUR 2k over the investment period. Your contribution will be: 0.8% * (10000-2000) = 64 EUR.  A question might come to you on this, why are not interest included in the claim? Well,  at this point neither of us know how legitimate the projects were or if they were fake. Remember that if projects are proved to be Ponzi, interests will not be legit. In any case, if we can recover the deposits, I think that we can be more than grateful.

As you will appreciate, the amount for the fundraising is been increased from 49k to 60k due to several reasons:
1)  Extra charges from the fundraising platform itself (2.9% + 0.25eur per donation)
2)  More people that want to join the case
3)  Have a bigger reserve fund
4)  Pay for accountancy services for SPV to distribute recovered funds to individuals
5)  In case of any tip is made

However, as soon as we make it to EUR 49k we are good to start!

Table of Costs (as per agreement with the lawyer):

Kindly ensure that you are honest when joining our case (I meant no fake investors!) and while calculating the contribution on your side. Checks will be in place, later on, to ensure that everyone has contributed 0.8% of the claim, as well as, they are real investors.

P.S. 1. Please note that the minimum required by Gofundme is 5 euros... nothing we can do about it. It's about to you if you wanna join.

P.S. 2. UPDATE - Any extra contribution (including tips) will be considered as a buffer for unexpected costs in regard to the law case.
Remember that Gofundme will also ask you for a tip for their site, this is optional as well. Please note that any tip given to GoFundMe will not count for the raised funds.

Following steps:

Once the fundraising target is reached, the funds will be withdrawn under the name of Azucena L. Then, the money raised will be paid to our law firm to begin the bankruptcy and criminal proceedings through a SEPA transfer to their IBAN account.

Any funds not being used at the moment will be kept in escrow (= safekeeping) with our law firm so that it stays in a neutral party's possession. A small amount for hidden fees and unexpected expenses will be kept in the SPV's account so we can move fast if we need to.

We received a recommendation from the lawyer that we should set up a Special Purpose Vehicle (SPV), a new company set up for this sole purpose, which will aggregate the claims of everyone joining us. This is necessary so we don't have to collect signatures from everyone more than once, and is a standard practice in such a case.

EUR 1.2k will be transferred immediately to the law firm to set up the legal entity that will group all claims (SPV).  Once the SPV is created, you will be asked to sign an Assignment Agreement where you agree to transfer your Claim (= the right to the money that Envestio owes you) to the SPV. Also, you will be requested to sign a Power of Attorney so that the lawyer can act on your behalf in both court and police.

Please be assured that the Directors of the SPV, are still undefined. In any case, those have the Fiduciary Responsibility towards the Contributing Investors and are LEGALLY LIABLE to spend the money ONLY towards the stated purpose and to return any unspent funds. You can sue the Directors if they misappropriate your contributions, no irony intended.

Any recoveries from Envestio will be paid back proportionally to Total Contributions, and this will be made clear in the Assignment Agreement, together with your duty to keep all information CONFIDENTIAL, meaning that from then on any leak of information will be followed by legal suit and a claim for monetary compensation.


Donations ()

  • Sonia Garcia 
    • €6 
    • 21 d
    • €8 
    • 21 d
  • Eelco Banis 
    • €10 
    • 21 d
  • Anonymous 
    • €274 
    • 21 d
  • Anonymous 
    • €80 
    • 21 d
See all

Fundraising team: Envestio Action Group (2)

Azucena L. 
Guillermo H 
Team member
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