i made a substantial purchase of precious metals from a “reputable” broker

Legal Questions & Answersi made a substantial purchase of precious metals from a “reputable” broker
nycmagman Staff asked 4 years ago

i made a substantial purchase of precious metals from a “reputable” broker in NYC. the entire transaction was handled online via emails. after some confusion i asked for a refund due to the delay of my order being delivered. I was cut a check from said “reputable” dealer for the full purchase amount, made a copy of the check & deposited it without incident. i then received my order in full delivered insured UPS & signature confirmation. so i now have the full order & full refund. What is my obligation at this point? i am not asking for a lesson in morals. .  what does the law say. Thank you.

2 Answers
Legal_Eagle Staff answered 4 years ago

law says: give it back.  It is technically called unjust enrichment.

Legal_Eagle Staff answered 4 years ago

law says: give it back.  It is technically called unjust enrichment.