Legal Question in Criminal Law in Virginia

Is this a crime/felony, fraud, embezzelement, or other?

I invested $25,000 in a business. The person I gave the money to did not put the money into the business, just spent it on his self like vacations and etc. I am in the process of civil action. I turned this into the city police and commonwealth. I keep getting the run arround. Would like to know who to contact with higher authority. Please help stop this person. I was financially raped. Contract reads as.

I ___agree to give ____ $25,000 as a 50% partner in the ___ concert that will be held at the ___ on ____2002. In return I ___ will receive $30,000 or 50% of the Profit made by ____which ever amount is greater, to be paid to ___ the night of the event. In the event that the show does not happen or the concert does not profit or profit is minimal ___ agreess to pay ___ $30,000. by the 30th of __2002.

signed and noturized.


Asked on 12/03/02, 6:44 pm

2 Answers from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Re: Is this a crime/felony, fraud, embezzelement, or other?

Given the problems which the prosecutor would face with this type of case in terms of proving beyond a reasonable doubt whatever criminal allegations were raised in the charging document, I'm not surprised that they're giving what you interpret as "the runaround".

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Answered on 12/03/02, 7:25 pm
Sudeep Bose Bose Law Firm, PLLC - Former Police, Prosecutors & Investigators

Re: Is this a crime/felony, fraud, embezzelement, or other?

I believe you will need counsel on the civil case. Indeed, I think a case for fraud can be alleged. If you win on fraud you may be entitled to three times the damages.

Going to the police at this juncture will not prove fruitful to you. This is a bad loan you made and this is how they will view things.

If I may assist you, please call me at 703-926-6985.

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Answered on 12/03/02, 7:51 pm


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