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I recommend you cross post this to Financial Scams, where TMFJay and the scam crew can dissect it. What you invested in sounds very much like a scam.

1. Were you provided a prospectus?
2. Was the underwriter a major broker/bank/something you heard of before?
3. Was it offshore?
4. Did it involve commissions given to people that recruited new investors?

Any of the above are kind of red flags that tip you that it might be a scam, and you might be entitled to some legal remedy.
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