I lent someone money believing I could trust them as they represented themself as an employee of my company. Also misrepresented was where they lived and their type of employment and salary. I have actually come to find out where they claim to live is only where they have the mail sent which is a family relative. I have text messages to verify all of the above and have hired a Private Investigator to confirm. I never would have lent any money if I knew all of the facts were false.
I have recently talked to this person who denies ever signing a promissory note which they did. This person has also now changed their phone number so I have no way to reach them. I also do believe I can verify that in fact their actual employer is not who they represented to be.
Can I pursue fraud allegations in relation to the loan?
You can make a police report for fraud, but it is unlikely the case will be investigated or prosecuted. You may have to take this as a life lesson: don't lend money to friends or relatives and NEVER co-sign on a purchase for anyone.
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You have a signed promissory note and the borrower has defaulted? That alone is reason enough to file a debt collection lawsuit.
My response to your question does not create an attorney-client relationship.
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