A Dubai citizen says in a recently filed lawsuit that a San Clemente lawyer, Rex A. Lowe, conspired with two other men to scam him out of $600,000.
According to Courthouse News Service, Mazen Luqman filed his lawsuit in Orange County Superior Court with the help of an El Segundo attorney.
In it, he alleges that Lowe was supposed to take $600,000 Luqman deposited in an account at Deutsche Bank Trust Company in New York and invest it diamonds, gold, coal, copper and silver commodities managed by a company called Universal Venture, according to Courthouse News.
Timothy Gates of Homeland had represented to Luqman that he owned a goldmine in Uganda, the lawsuit claims, Courthouse New Service wrote. The third defendant, Stephen Slaughter, is the supposed CEO of Universal Venture, based in South Africa.
"In reality, Universal Venture Holdings Pty Ltd was a subterfuge for the illegal activities of Gates, Lowe and Slaughter to defraud willing investors of their money," Luqman says in the complaint, the news service reports.
Defendant Gates has had similar legal trouble in the past, Courthouse News Service says. Read the entire article here.