What is frozen investment?
If a person is suspected to be guilty of fraud or embezzlement, the court can order that his/her bank accounts or investment portfolion becomes 'frozen', i.e. the owner cannot withdraw the funds from that account.
Frozen bank accounts may remain so until the owner satisfies certain conditions defined by the court or regulatory authorities.
In another example of frozen investments, a number of individual and institutional investors who had invested funds into securities before the 2009 market crash found that their investments were 'frozen' as the securities did not attract the requisite values in auctions. This means that they no longer have access to the funds that belong to them.
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