Quote:
Originally Posted by bossku69
Yes, I know I should of had a physical signed agreement but I didnt. I wired the money to him and the bank said "sorry, nothing we can do after 1 year." I trusted both my friend and his friend and now paying for giving someone my trust. last time that ever happens
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That's total BS. You can at the very least take him to court. You gave him $25k, for a service. You have the proof to back up the claim to that service.
For starters, it's illegal to just "give" someone $25k. So it's not like anyone or any company can tell you the money is lost. Either you illegally gave him $25k because you liked him, or you legally gave him $25k for services. Considering the statements you can get from your friends, and no proof of you just throwing $25k to him illegally because you thought his shoes were cool. You have a pretty decent case.
So I would say you can at the very least sue him for the money. You have the physical bank statements proving the transfer. As well as statements from friends, etc. Suing someone is always a pita though, as even if you win it's still hard to regain the money from the settlement.
I would contact a lawyer though as well. Sit down with someone, or even more than one to get some different opinions. See what types of laws and cases reflect your problem and situation and what other legal options you might have.
I guess it goes without saying, but man - Think of the paper work you have to go through just to buy an item in the $5-10k range from a reputable store. You should of had ten times the amount of paperwork handing over $25k or your own personal savings. I at least hope you made the payment to a business name, and certainly not to a person?
You made a huge mistake, but I wish the best that you find a way to retrieve your money.