I Got Scammed $20,000 By My Friend And I Don't Know What To Do
Location: So my childhood friend lives in Seattle and I am in LA. He reached out to me the day after I got out of the hospital and gained my trust. He soon after suggested I invest in his truck business. I used my saved up money to invest $20,000 total in that business. The money was wired to an account he provided. He signed a contract that I created through docu-sign with his personal email promising even if the business fails, he would pay back the $20,000 before the set date. However, after the deadline of payment promised passed, he started stalling me. I asked him for proof of the truck he bought and he just disappeared. It's been 2 months since my phone goes straight to voicemail every-time I call. He legally didn't block me but his phone is on DND and my calls can never go through. I later learned he has multiple phone numbers he does this scam with. I filed a police report but they are not much of a help. I submitted a fraud report to my bank (BOfA) and it is still under investigation. I later learned that he has been scamming many people using this method across the U.S and is doing this for a living. This is my first time encountering this situation and I would really appreciate some guidance to what to do in this case. Thanks a lot!!
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