Was conned - need to clear £14,000 ASAP!!

Broken_hearted

If worst comes to the worst and you end up paying it all back yourself. Don't let it destroy you as a person, you were the one who was trying to help and they are the bad guy. chase them as far as you can but don't become bitter.

number25

TTMCMschine wrote:

I think the Police will take it seriously & treat it as fraud. How many people would go & obtain a loan (ie have to borrow the money) in order to give it away to someone else?

I get the feeling that the OP isn't painting the whole picture, & perhaps there's a little bit more that they don't want to divulge for personal reasons.

Can't you get legal aid for the solicitors bills?

I'm not sure what you mean? I was not romantically involved with this guy, if that's what you're implying.... bottom line no one on this board know's who I am and therefore I have no reason to lie to anyone here. I know, what I'm saying may sound hard to believe at times but I really don't know what else I can say to convince everyone here that I am telling the truth. I genuinly loaned this person money believing he would pay me back...

r.mac_2

OK - leaving the 'con' aspect of this aside, lets look at the loan.

My initial thought is that when you applied for it, the bank would have done *some* sort of check with you that you could afford the payments, either based on any other debts and/or salary.

SO what i would suggest is sitting down with all your paperwork and working out what you have coming ina nd going out - a situation of affairs (SOA). If you post this then people can make suggestions of where savings can be made (some may be more painful than others), and look at how to best pay of this and any other debt you may have.

HTH

climbgirl

number25 wrote:

yes I have spoken to Abbey and although they are willing to co-operate with any investigation they can't do anything for me with regards to the loan, which I fully accept. As far as the police are concerned I believe 'climbgirl' is right it really is my word against his (if they manage to speak to him). There was no written agreement it was all verbal - oh how stupid of me I KNOW NOW!

I think this pretty much sums it up - without any written evidence the banks or the police aren't going to be able to do anything much. In pure legal terms, you are responsible for the loan as you are the signatory. As you know. Even if they do take your word for it, there's not a lot they can do without any kind of written evidence that it was a loan and not a "gift".

By all means go to the police. They may be willing to at least speak to him about it which might guilt him into doing something about it (doubtful, but worth it). And hunt him down as much as you possibly can yourself. And don't ever loan money to friends again, no matter how much you trust them...

myrnahaz

If this guy was so convincing, maybe he's done it before and he may actually be known to the police - so it's worth notifying them.

joeblack066

There are ways to trace people if yopu are sure that you knew his real name. Could you list the kind of details that you are sure of so that we can give you some advice? (I don't mean the actual details, just the kind of thing, like " I know where he worked and how long he worked there. He left 2 months ago"). I am owed £1500 plus 3 months' living expenses by my ex and his family and it's breaking me, so I do know a little of how you are feeling!

in-trouble_3

I am sorry to hear this but hope you get it sorted.

Cat72

I am sorry to hear all this and big hugs OP .I was in a very similar position unfortunately the money was more :eek: .I knew where the person stayed ( although they moved around ) but was told by the police it was a civil matter as my lawyer did too. The lawyer ended up being useless charging me a fortune and after paying over £2,000 in lawyer fees I decided to get rid of the lawyer. The scum who stole from me got free legal aid. Eventually we got him found guilty of some small minor civil charges ( not the big money ) and he was ordered to pay £600 but he never did claiming benefits etc and defaulting on his £5 a week payment. My point in this is these type of people scheme and lie and continually distort benefits etc to their own advantage- getting your money back is very slim- sorry. What you should do is go to citzens advice show them your income, outgoings etc and get them to sort out either a way that its possable for you to pay the full loan or a payment arrangement with the abbey national, maybe even getting the intereast rate frozen ( dont be proud if this is what you have to do - do it ). However act fast- for your own peace of mind and also it gives you more chance of making sure the debt doesnt get worse.
I left it too late and lost everything, ended up being bankrupt ( i spent too long listening to solicitors & hoping for justice ) and nearly ruining my sanity 7 health .So stay on top of things - your credit rating might be damaged but that will be repaired in time the best thing you can do is get good FREE advice, stay in top of your money situation and get on with your life as much as you can. Make sure this doesnt ruin your life in a few years the debt will be gone- and I believe in Karma for the scumbag who stole from you .Good luck

woohoo_postingid

Anyone fancy loaning me £14,000? I promise I will pay it back.

Sorry but I don't believe anyone would lend a friend £14,000 - especially putting it into a 'cousin's' account - without knowing much about this person.

Good Luck with it all OP, but it's time to admit you were foolish and you have to pay this money back. No way around it.

Sorry if this is harsh but you learn from your mistakes. Pay the bank back as you have agreed until something (if anything) becomes of your 'friend'.

Kevicho

Cant the banks involved do some sort of chargeback, after all this money was transferred under false pretences?

As the OP said, there will be records of the money going into the account in question

(Just an idea, may be way out there)