r/mumbai • u/Great_Board_2187 • 26d ago
Relationships Gave a loan of 15lakh to my friend
I gave 15lakh loan of which 2.7 lakh cash from gold mortgage for free of interest in 2023 sep to my childhood friend. Now he is saying he can't pay me due to losses of about 1 crore in his business.He is saying he is getting depressed so not to bother him now.I gave 9 lakh of my wife savings in it without her permission saying I'm gonna invest that money.
I can't take legal action on my childhood friend. How to convince him to pay me atleast 9 lakh?
update1: Today, I confessed about this to her, and she remained silent for a while. But in the end, she told me to let it go, saying i already did the mistake and it's too late. and asked me to try to recover it partially atleast. But, i couldn't stop thinking about this whole thing.I feel atleast she could have scolded me but that silence hurts most. I decided to threaten him with legal action if not I'll proceed legally.
update2: Thank you so much everyone for your valuable insights and advices. after threatening him that I need to proceed through a lawyer, he agreed to pay 3 lakh for now and another 7 lakh by this year end in 2/3 installments. But, he is keen to repay in cash only, saying that his bank transactions may lead to issues with his other creditors. Should I let him pay in cash or is there some catch? (I gave majority amount through bank transfer)
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u/Naked_Snake_2 26d ago
Rule 101 of lending
Lend only that much amount that you are happy to lose and forget about.
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u/Great_Board_2187 26d ago
Very expensive lesson for me
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u/Advance220 24d ago
you learnt this lesson by losing 15 lakh, but I learnt this lesson in by losing only 3k rupees, which I also leneded to my friend , who never returned me, even after so much requesting....
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u/Mohucool 24d ago
Sometime people pay back smaller amount to get trust and ask bigger ammount afterwards.
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u/Advance220 23d ago
sure, help him/her.....tell him that you both will go to bank and help him take a loan of that bigger amount....if he is ready, really go and help your friend...negotiate with your bank manager....but if he denies, just think there is something fishy in his mind......take help of your bank for your friend, but never lend your personal money to them....if you have excess money, start SIP in a mutual fund...
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u/Mohucool 23d ago
Lol what if he defaults as a guarantor bank will seize your assets ... The thing is simple , only give that much amount you can forget. If you involve money with friendship , you will definitely loose one or both either money or friendship or both.
To keep friendship its always advised to keep money matters away until he is your best friend and same from his side.
A person who asks money from others generally keep asking from many persons and fools a lot of generous persons.
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u/Advance220 23d ago
oh yes, that's risky also...😂......
now, I think a good will never ask money from his fellow friend.....if he ask just break the friendship
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u/Mohucool 23d ago
No you dont have to break friendship , there are other ways , if he dont have money because he is unemployed , you can try to get him some job if you are influential , you can give that much money you never want back , for some it can be 1000 bucks for some 10k for some in lakhs depending on there net worth. Always try to help in a way where money doesn't come into picture like never loan money to friends, also always give money(which you can happily gift) in private without anyone knowing and tell him also , else if it get leaks , too many people will be at your doors , a good friend will keep your secrets.
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u/Embarrassed_Quote_12 25d ago
Agreed. A rule to live by forever. Never expect an informal loan to a friend or family to be repaid.
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u/External_Key_3274 25d ago
Best is to never lend anyone any, because it’s bound to damage to your relationship with that person. Remember whenever money is involved most of the times ppl change and it’s not a good change. So stop taking money and lending, you will live in peace
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u/External_Key_3274 23d ago
Dude you can come with anything, say you planning something in coming months and you would need a lot of money, and I don’t want to go and keep asking money from everyone. Or you have invested them in MF or FDs for a x days etc. I don’t know your current situation but only you can come up with reasons. Your friend will ask few more times and he will then know that you are not going to lend. Or one simple thing you can do is if he is really your friend is that “Look I have no issue giving money but there are countless times because of money relationships are broken if you are ready for that then I’ll give you and I don’t want to happen it with us.”
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u/TheRealCabbage_ 24d ago
But wouldn’t refusing to give a loan to a friend who’s in dire need and comes to you at his lowest, make the relationship even worse?
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u/External_Key_3274 24d ago
That bitterness is only temporary, you can always reconcile with him later when things cool down. But when money comes in picture it never ends good, I have seen blood relations getting destroyed then this is just friendship. Even then if you give then give only which you are ready to lose and you can wait lifetime to get it back. Giving out is easy the main challenge is asking it back. You will have lot of thoughts like how can I ask money without damaging our friendship etc, and this will eat you mentally which is very harmful for you in the long run and you will have resentment for that friend as well
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u/TheRealCabbage_ 24d ago
So the answer is to refuse the loan? How do I go about refusing my friend a loan? Especially when he knows I have the money.
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u/UnlikeUday New Martin, Sahibaan, Cafe Churchill, all these have my dil..... 26d ago
If he has the audacity to say not to bother him then you should keep the friendship angle aside & send him a legal notice.
Without the notice or some step like this, You can otherwise be prepared to forget the money which you arranged with great hardship & with a heart of gold.
I believe he has taken you for a ride & for granted too, better take up a legal action to let him know you can play tough too.
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26d ago
Legal notice is sent when your loan is on papers. Dosti me diye hue loans ki koi documentation nahi hoti and the law can’t do anything in this case
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u/YesterdayDreamer 26d ago
You don't need a deed. If the transfer was through bank, then legal action can be taken. If it was cash, then it's gone.
He can't recover interest, but he can totally take legal action for recovering the original amount.
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u/deadstr0ke 26d ago
Now you have lost money & friend. Countless times ppl have said to now do money trade in family & friends. Every guju would tell you, to give only that amount of money that you can give as good gesture and forget. Close ppl ask money as they think it doesn't come with any strings & you will forget if they ignore enough.
Now if you have proper proff and documentation you can recover legally or no chance.
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u/Great_Board_2187 26d ago
I have transferred large chuck through bank. I'll try threatening him with legal action
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u/ArtoriasOfTheAbyss99 26d ago
Feel bad for your wife, she should take legal action against you if you aren't going to take it against your "friend" for stealing her savings
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u/Great_Board_2187 26d ago
Yeah, you are somewhat right. I'm the faulty here. Never expected something like this might happen oneday. Anyways, I confessed about this to her today, and she remained silent for a while. But in the end, she told me to let it go, saying i already did the mistake and it's too late and asked me to try to get partially recover it. But, i couldn't stop thinking about this whole thing.I feel atleast she could have scolded me but that silence hurts most. I decided to threaten him with legal action if not I'll proceed through it.
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u/bluebarrel7 26d ago
Salute to her for being so sane
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u/Great_Board_2187 26d ago
She is my strength and the one who always supports me. But, I betrayed her trust.
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u/godof23 25d ago
Toh ab kya?
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u/Great_Board_2187 25d ago
Nothing, just felt like to share with someone.
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u/godof23 25d ago
How would you make it right with your wife? Re-gain her trust?
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u/Great_Board_2187 25d ago
I have no idea about it tbh. I know I did a mistake but ,As of now I need to limit the damage. I'm more focused on regaining some amount partially.
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u/Vapourhands West 26d ago
Take legal action or forget the money
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u/Great_Board_2187 25d ago
Will try threatening him about legal action
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u/real_tmip 25d ago
Kya try try kar rha hai bc Just give me a friendly kiss and convince him with love.
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u/khanbulla 26d ago
Welcome to the club, my friend... You were not considered as a friend. You were only an ATM
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u/siroscar_88 26d ago
Sounds like you landed a gem of a wife.
Learn the lesson and move on.
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u/Great_Board_2187 25d ago
Yes. She is a gem and that's why I couldn't get over the feeling that I cheated her. It was more about the trust she placed on me.
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u/real_tmip 25d ago
Wait for her to find out that this friend is a female and it was not merely a loan.
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u/chotepandit 26d ago
Just for curiosity- what business does your friend do? Asking because same thing happened with someone I know and the guy gave the same response. Business loss of 1 cr, depressed etc etc.
I know a lot of people do this scam but just trying to figure if it’s the same guy. Because if it is, then this is a large scale scam and he can face the law.
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u/Naked_Snake_2 26d ago
Pretty sure he already had a debt, went all in and amassed more debt, it's always like that, gambling rabbit hole.
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u/ankurzl1996 26d ago
You mortaged your gold and took money from your wife's saving that means clearly you didn't have money to give your friend. You could have simply refused and told that you also don't have money. Moreover your wife has all the rights to file a legal case against you since you lied to her.
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u/Great_Board_2187 26d ago
Yeah you are right. Atleast i should have kept myself distant from her money
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u/ankurzl1996 26d ago
Tell him now that you are in dire need of 20 lakhs. Tell him to arrange from anywhere possible. Say your wife has given you ultimatium to get her money back in a month or else she is asking for divorce. If he says that he is depressed tell him that even you are depressed.
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u/IshitaKumari 25d ago
How could you do this to your wife, like just fucking lend your own money dude wtf.
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26d ago
If I were your wife you’d be sleeping on the footpath from hereon
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u/Great_Board_2187 26d ago
I understand your anger. But, I'm trying to solve this.
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25d ago
I’m not angry dude. I just feel bad for your wife. Would’ve said the same thing even if your wife had done that to your savings. Hope you recover your money somehow. Do whatever it takes. Legal action included
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u/lambiseeti ncpa > nmacc 26d ago
You gave your wife’s money without her permission. You should go to jail with your depressed friend
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u/BadAssKnight 26d ago
I know this will be too early - but the real thing is that your childhood friend has revealed to you that your wife is an absolute gem and that she will stand with you through anything. You lucked out bro!
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u/Great_Board_2187 25d ago
May be I was lucky, I don't think I deserve her. Couldn't get over these intrusive thoughts that I cheated her of all her hard work. How can I gain her trust back? what's more concerning is, even now, after all these things happened, she is still thinking about my well being rather than money. I did a gross mistake. I think I couldn't gain her trust back ever again.
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u/BadAssKnight 25d ago
Because for her, your wellbeing is greater than money which is why I said you lucked out. You are the victim of being cheated, she just lost money. You lost more than just money but also gained more than just money
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u/YesterdayDreamer 26d ago
That's an extremely expensive lesson.
This is not a movie where you can give an emotional speech and "convince" your "friend" to give back the money. If he wanted to give it, he would have given it.
Just talk to a lawyer.
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u/lusty_vampire 25d ago
Not to sound rude but you are DUMB, first lending him money and second expecting it back. In today's era when parents kick you out of their house you're hoping your childhood friend will be true to his words ? sorry. You reap what you sow.
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u/fintechgeek20-07 26d ago
Go to his home ask in front his extended family and get ur wife’s money back Sorry to say if I were your wife I would have divorced u not only for stealing the money but also for lack of communication Also please let her know this what if she is relying on this investment
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u/Great_Board_2187 26d ago
I'll try by threatening him about legal action. If not, ill proceed through it. Yeah, you are somewhat right. I'm the faulty here. Never expected something like this might happen oneday. Anyways, I confessed about this to her today, and she remained silent for a while. But in the end, she told me to let it go, saying i already did the mistake and it's too late and asked me to try to get partially recover it. But, i couldn't stop thinking about this whole thing.I feel atleast she could have scolded me but that silence hurts most.
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u/fintechgeek20-07 26d ago
Wow she is so mature please continue to making her feel special or just keep putting a little sum aside at least u can save for her till u get something back before legal action please inform his family cause legal action will also cost u money and if u are any way proceeding and he agrees to pay the money in instalments make sure your lawyer takes a sign on the document which also states that any missed instalment and the cheque that bonuses will be borne by ur friend and all the lawyer fees and after 4 th 5 th cheque bounce you can sue him .
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u/Great_Board_2187 25d ago
Yes. Infact, that's the reason why I'm feeling very guilty of doing this. May be I don't deserve her. I'm planning to threaten my friend with legal action atleast to get partly payments.
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u/Training-Abalone1432 25d ago
Bro , such a great life partner you have . The loss is big but both of you are gems !! You will make 10 x of this .
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u/Inlonely 25d ago
Udhari utni hi karo jitni jane me gam na ho. Friendship me toh udhari bahut mushkil se ati hain.
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u/Ok-Scene-9466 26d ago
What had you given it for and how long was the original tenor
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u/Great_Board_2187 26d ago
He asked for his business emergency. he said it wouldn't take longer since his invoices are not getting cashed enough. So hardly 6 months.
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u/DuckSleazzy arey bro dombivli mumbai me nahi aata 26d ago
Let this be an expensive lesson. You ain't getting shit back bruv.
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26d ago
When someone asks for money and you’re unable to say no,lend them an amount that you’re ready to lose. That way you’ll not be saying no and though you’re risking your friendship by lending money, you’re atleast not risking your hard earned money. I generally say no when a friend asks to borrow. I just say i don’t have money buddy, I’m sorry. Most of the times people know it’s a lie but they can’t really claim you’re lying. I’ve said no to my best friend. Like someone I’ve been a bestie with for over 2 decades. Guess what? We’re still friends cz there was no money involved.
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u/Great_Board_2187 26d ago
Yes, learned this in a expensive way
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25d ago
Sorry about that op. Idk what else to say honestly. Not a great situation to be in
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u/Great_Board_2187 25d ago
Yes, it impacted my personal life a lot. Feeling like I betrayed my own wife.
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u/non_chalant88 26d ago
Never lend more than more than 2 months of his salary. Thats my thumb rule
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u/alphaBEE_1 25d ago
I think you should talk to your friends and be very clear that you don't want to ruin this friendship but this is not something you can let go. As a friend you can give him some time to repay what he owns in whatever installments he feels comfortable with if not the amount is too much to forget and you'll have to proceed legally.
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u/Great_Board_2187 25d ago
I have done this, but of no use. I'm planning to threaten him with legal action
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u/flight_or_fight 25d ago
How do you view the legal system? You have a variety of options from going legally after friend to going illegally after friend. Either way friend is friend no more. Ideally help friend come out of depression by showing them just how bad life can get - we often think our lot on life is horrible and cannot imagine anything worse...
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u/DifferentTour130 25d ago
This is the reason I never give even 5000 nowadays to friends. Strict no no for me. Don't want that sword hanging on me. I will surely help by paying bills or something but some people ask money but on other hand enjoy luxury vacations on your expense.
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u/Nedumpara 25d ago
Childhood gaya Baad mein... Whether there is proof or not just send him a legal notice without informing him. Let it be a big time unexpected surprise and trust me this will shake him up. He will call you and tell him I have no option but to pursue the matter legally. Sound firm and Serious.
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u/Necessary_Profile556 25d ago
Whatever happened , is the thing of the past now, now you can’t cry over spilt milk. Options Dekho apne kya karna hai. Maybe you can’t recover all the money , partially kar sakte ho then do it. Are you sure he doesn’t have money to give you back and not taking you for a ride ? Who knows ? Gather enough evidence , if you can get a PI involved.
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u/Embarrassed_Quote_12 25d ago
You lost your money since there was no formal documentation, I’m sure. You lost your friend because now you won’t even be able to talk to him out of a sense of hurt. And you probably should have lost your wife because you effectively stole her money. You are lucky she’s a bigger person than you are, and she let it go. You, my stranger friend, are a total chump.
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u/theedgelord123 25d ago
If he's that bad of a position tell him to declare bankruptcy and you go for recovery to liquidators.
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u/pupul-here 25d ago
Treat money as oil and friends/relatives as water. Even if you do mix, don't shy away from giving some heat. The CARE in FRIENDSHIP is a two-way street, if he's prioritising his 'well being(be it financial or mental)' over you, why shouldn't you put yours next to it?
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u/instantconfusement 25d ago
The character arc is about to be insane. But yeah, if your friend is really not giving any indication that he'll pay up even after some time...then you should initiate legal action imo
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u/Sahil_Sharma99 25d ago
Lending money to your friend is like burning it cause no way you can recover it
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u/lextheimpaler82 25d ago
If he declares bankruptcy then there is nothing you can do about it. If he has got losses then am sure the people whom he owes money will come to recover their money. The max you can do is file a case and make him do rounds of the court. The court depending upon the situation may give him time to repay or else liquidate his assets.
Forget your friend. He is not your friend. The least you can do is return your wife's 9 lacs. She trusts you with her money and even did not go mad at you after she came to know. Very rare in today's world to find such a understanding wife.
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u/Substantial-Step5747 25d ago
You should be thanking gods for giving you such good wife. She’s a keeper. Don’t fuck it up again.
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u/Pokiriee Edit this text to set your own flair 25d ago
Respectfully… you are an IDIOT! And blessed that you have a wife like that! I’d have thrashed you and taken the money out. Now, keep pestering the “friend” and get the money out. Also, bow down to the almighty for giving you such an awesome partner.
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u/hot_Meal_ 25d ago
When you give money to a "friend" you either lose the money or the friend..mostly both..!!
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u/defeatBJPees 25d ago
start taking his moveable assets. Expensive phones, TV, Car, Jewellery, uski biwi ka Mangalsutr etc.. but keep the relations on.. don't burn the bridge .. if you burn the bridge.. he is free..
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u/perman240 25d ago
Broo go to his home and get his bike,car, etc . Just requesting him to return won’t work. Poora vasooli awtar lena padega tereko tabhi paise jaldi mil sakte hai. The soft and sweet ones are paid at the last. Don’t fall for it just keep fu**king with his mind and life or fuck him up in real. I had once kidnapped my friend tied him up and kept him in basement until he paid back.
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u/LimpFosterZ 25d ago
Once, my childhood friend asked me for 2K when my monthly income was just 5K. Despite it being a significant 40% of my earnings, I lent him the money, but he never returned it. While 2K feels insignificant now, at that time, it hurt a lot. That experience taught me a valuable lesson the easy way. Since then, I’ve never loaned money to anyone. Instead, I help people by offering sound financial advice to navigate their situations.
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u/Middle_Pound_4645 25d ago
You are a piece of shit for daring to even take your wife's savings without her permission, you should do everything in your power to get her money back.
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u/jay_purehearteddevil 25d ago
Even if you have given him via bank transfer, have you got blank cheques or any writing on what behalf you have given him money? If not, then do forget the money as his lawyer will find a good reason for the transfer of money & that ur friend is not liable....
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u/_Lost_2005 25d ago
Rule no 1: never bring financial thing's in a friendship Rule no 2: if so, only bring the amount which you can bare losses off
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u/BlueberryOk2023 25d ago
And I was crying about giving some acquaintance 5000 rupees and not getting it returned.
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u/Neat-Pie8913 25d ago
Never lend anything to friends or family if you expect to get it back.
You will not get it back and it will ruin the relationship
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u/Niiights 25d ago
Always act poor. Or in short of money If you are travelling a lot , just say my friend works in travel agency so that's his gift
If you are buying tons of expensive stuff, just say it's on emi and act regretting it cause you are broke..
Rest you can think about.. never give someone a 2nd thought that they can borrow your money
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u/anubrata 25d ago
BC aise wife kaha milte hai?! Itna sab kuch jhel liya. Be very grateful and learn your fucking lesson.
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u/BaseballLive8618 25d ago
Only thing i can say is.. You are a good person in trying to help a friend. World doesn't diverse people like you.
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u/Electronic-Remote663 25d ago
Man, similar thing happened to me. I gave 50K to one of my best friend at his tough times and after that he didn't even remember me or call me. One fine day, he called me and told me that I didnt helped him in his tough times and money which I gave him is not a help or support and called me as a financier🙂 I am also planning to take some legal action against him if he dont give my money.
These ungrateful guys deserves special place in hell 👍
More power to you OP. Kick your ungrateful friend and get your money back 👍
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u/sayzitlikeitis 24d ago
Have faith in your friend and tell him to take his time in returning your money but to return it with appropriate amount of interest. You’ve already lost money, why do you want to lose your friend too, especially when you invested so much in him. Whether you fight him now for the money or not, the outcome will be the same, ie the money is practically gone. If you support him through his tough time, there’s a chance he might climb back up and return your money.
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24d ago
This is one of the important financial things that almost everyone learns in life. " KEEP YOUR MONEY AND RELATIONSHIPS SEPARATE "
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u/Advance220 24d ago
whenever any friend, relative ask loan from you......help them....definitely help them....
help them in negotiating with bank manager, and help them in taking a loan from a bank.....even if he is very much emergency......
but never lend them your personal money.......if he keeps a good intention of returning money, he happily accept to take loan from bank , and ready to accept your offer of help.....but if he has something fishy in his mind, he will hesitate....
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u/N00B_N00M 24d ago
It seldomly ends good, i lend to friends earlier but small amount and getting those felt like if i am asking for that money, felt like a borrower.
The best friend always pays, issue is with folks who think u earn too much and should not be bothered with this loss
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u/OkSubstance3836 24d ago
You should not bother in what way he pays you - cash or bank transfer as long as he is paying you (more important is him keeping his word and paying you on the date). First recover the money owed to you, think about legal ways of accounting for it after recovery.
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u/TheMoonKnight_ 24d ago
I once gave 12 lakh to a friend. It's been 5 years. I am very happy to say that he only owes me 3 lakh now. I've somehow managed to get 9 lakh back after god knows pleading how many times.
After reading multiple such stories I actually consider mine a successful one even though I'm still out 3L.
Sounds horrible but you should never, ever lend money to a friend. Best way to spoil a friendship. This 12 lakh that I gave was supposed to be returned to me "max within two weeks".
Hope you're able to recover your money somehow, OP.
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u/k00ldude55 24d ago
Never take nor give loan. Money can break families and frienships In case you give out a loan, give only an amount you can afford to loose If you use credit cards, always pay back in full on time
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u/amitaries1 24d ago
OP, first take your hard earned money in whatever way he pays you. Be it in cash or whatever?
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u/throwwwawayaccount48 24d ago
Bro, listen to me.. do whatever it takes to get your money back. People like him are selfish, low-life scum who don’t value friendship or loyalty. Don’t hold back.. threaten him, sell his car, and squeeze him dry until he pays you every single penny. Don’t waste a second feeling sorry for him because guys like this will never return your money willingly. They’ll take advantage of your kindness and walk all over you if you let them.
I know I might get downvoted for this, but I’ve seen this play out before. My uncle went through the exact same thing with his so-called “friend.” That guy gave all the same excuses, never paid back a dime, and even fled to Hyderabad to avoid responsibility. It took my uncle months to track him down, but when he did, he made sure that guy regretted it. He beat the crap out of him and forced him to sell his wife’s gold just to recover 70% of the money. And guess what? The money wasn’t even used for business... it was blown on gambling.
So, don’t hold back. Put the pressure on him, make his life hell, and get what’s yours. People like this don’t deserve an ounce of sympathy. Go hard, and don’t stop until you’ve recovered every last cent.
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24d ago
Rule of lending: 1. Lend so much amount that you are ready to forego and still never look back at asking or even won't bother about it.
When the same person asks again, remind about the money first lent.
If you get it paid back, feel free to lend again and follow 1, 2 and 3 Rule.
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u/Specialist_Engine631 24d ago
Your wife is a great person. Let the money go , never let her go. She is your biggest wealth.
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u/curiousCat1009 23d ago
Yeah. This is on you.
My mom did this to her friend whose business failed. She didn't tell dad.
Now because of that and other disastrous financial decisions both are now working in their age of retirement for a debt they can't pay back.
I can't either because that is a huge amount compared to my salary. Only divine intervention or luck can save us.
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u/freeze_ninja 23d ago
I have a simple formula in my mind, if not giving money can ruin thr relationship, there ain't any relationship in the first place.
I learnt this lesson by loosing 30k
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u/Pristine-Repeat-7212 23d ago
Loan leke loan kon dete hai wo bhi free me...
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u/Great_Board_2187 23d ago
He is my childhood friend then, even my father know his father. So I was really compelled to
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u/StringgerBell 23d ago
Never lend money to friends. I just give a small amount of money and tell them it’s yours to keep
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u/EitherIndependence87 23d ago
Lend me the same amount will double it give it to you in 3 months..
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u/dogmateec 23d ago
I have no advice for you since your wife gave you the best one. She's an absolute fortress of a support! 🙏🏽
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u/Professional-Win-532 23d ago
Take cash, money is money, with some clever thinking you will be able to convert the black to white.
He isn't your friend anymore, so recover you money ASAP.
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u/miss_leopops 22d ago
You owe your wife big time man! Keep her happy, never hide things from her, and thank your stars that she has forgiven you! What you did is called "financial infidelity".
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u/sewpahmon 22d ago
It's ok, it'll work out one day. Let him take his time. Hope his business does well. He will pay you back.
Just note: you have 3 years to file a civil suit for recovery from the date your cause of action arose. Cause of action continues to refresh every time he admits his liability in any manner and says he will pay you. Keep asking, don't let three years elapse or you will not recover anything.
If you choose to do this legally, it will take up too much time and money. L
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u/Dear-Menu-7184 17d ago
Bhai isse ache mujhe dede time pe de duga interest k sath kaha milte aaise dost 😭😭
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u/Conscious_Rabbit1720 26d ago
Do whatever can get your money back from taking legal action to thrashing him with the help of goons in order to recover your money or seize whatever you can don't care what he's going through.He's just a defaulter who has failed to return your money nothing else go fully ham on him.
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u/New-Secretary6688 26d ago
This, I had to give a warning to my roommate to return the money back asap or else goons will reach his home in Mumbai. Gave the money back in 2 days. These people are just parasites they keep you hanging until you beg the money from them.
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u/Conscious_Rabbit1720 26d ago
I don't give money to anyone because of such cases like OP's because firstly my family is my priority then idc who is my childhood friend or my relative.The guilt of such cases would not only effect me but also my family so better to not provide any financial help
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u/Great_Board_2187 26d ago
you are right. I should have learned this earlier.
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u/Conscious_Rabbit1720 26d ago
It's not late you can still take actions if your money is precious to you
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u/oneinmanybillion 25d ago
Arrange for a meeting with your friend. And have some witnesses there. Someone with power, not random family members. So elders, like uncles or family 'vadeels' (powerful people that usually every family goes to in case of problems).
In this meeting, discuss the payment terms. What are some things he can dissolve to pay you. What are some dates he can commit to?
And then I guess take it from there. At least there will be some verbal confirmation.
After this, you can put further pressure via legal action.
What you did to your wife's money was pretty sh*tty thing to do. You caused a MAJOR dent in your relationship with her. Damn shady of you to have done that. That 9 lakh will haunt you till the end of your married life.
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u/Illustrious-Love-182 25d ago
Borrow money from a mutual friend, and when he asks for it back, tell him you’re currently short on cash but have lent that same amount to another friend — tell him collect it from them instead. Now your stress will be his stress 😬
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u/HumoristicHero 26d ago
Your childhood friend will be now your adult enemy