Madison - St. Clair Record

Thursday, February 20, 2020

Plaintiffs claim defendants harmed their business reputation through fraud

By Molly English-Bowers | Apr 21, 2016


EDWARDSVILLE – Two California companies are suing over alleged fraudulent business dealings.

DJL Mining LLC and Asia Global Renewable Energy Corp. filed suit April 5 in Madison County Circuit Court against Terry Zou, individually, and World Gold International Limited, which Zou owns.

DJL and World Gold entered into a purchase agreement in which the plaintiffs sold low-grade copper to the defendants, the suit says. However, in mid-2015, the defendants allegedly stopped making payments for the materials.

As of Dec. 8, 2015, the total amount due was $5,373, the suit says.

The plaintiffs further allege the defendants misrepresented to a third party, using certificates of quality, the quality of the copper the plaintiffs sold, which prompted a count of fraud against the plaintiffs, according to the complaint. The suit alleges those certificates are forged.

The plaintiffs seek judgment for all three counts against the defendants in an amount in excess of $50,000, plus interest; punitive damages in an amount to be determined later, fees and costs; and other relief the court deems proper. They are represented by Daniel C. Nester, Christopher M. Blaesing and Alan L. Schilling Jr. of Bryan Cave LLP in St. Louis.

Madison County Circuit Court case number 16-L-449

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Bryan CaveMadison County Circuit Court