Advice needed...
I lent money(75k) to a person(28 M) in my hometown apartment. He was like a friend as we used to know each other and hang out sometimes over the past 3 years. His marriage was fixed in June 2025 and he asked me for some money then like 10k and then gradually he asked more and more saying he Will repay with interest in a couple of months. I believed him because his family (mother and sister) has a own house and as his marriage is fixed he will definitely be here and I can ask him easily at least before marriage time which was supposed to be in Feb 2026. But, his marriage got cancelled in September and he still said he will give it to me in a few days time. He then moved to Hyderabad (he said he was working a 30k job) and not answering any of my calls or messages. In December first week he messaged saying he will settle all the amount by Dec end but no reply or answer to any of my calls and messages since then.
I recently told his sister who is preparing for groups and upsc exams in Hyderabad about all this. Initially she was shocked and told me that she will inform her mother and will scold her brother. But later she told me that he is an idiot and he doesn't return anyone's money. He has taken money even from her friends and doesn't return the money. Once, he even took a laptop from her sister's friend saying he will return in 2 days and sold it outside and says he will do the same by not responding to calls and eventually there's nothing they could do about it. She said he even sold his bike and gold chain which his mother brought him and they have no idea what he does with that money. She eventually said consider that it will not be returned. And the irony is the next day she asked me to lend 8k and that she will give it in a few days time once she gets her salary which I didn't give.
She said she will find the address where his brother is staying in Hyderabad but didn't give it yet. His mother lends money to some people in our apartment. The last option is to reach out to her and say all this but there's also a chance she could also say, did you ask us first when you are giving money to him.
Please advise on how I can recover my money. I only have phonepe screenshots and WhatsApp chats as proof.
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
lol sister is lying, to let the money go! I follow a simple routine never give people money but give them what they want, I hate exchanging lucky with anybody
Printout a poster and paste it everywhere in society where his family lives
The money’s gone. Either the guy’s doing stuff or gambling. Either one I think at this point he is in no shape or form to give back the money and also his family might already be sick from paying back/ answering for other folks. We had similar cases in college. Once a guy even stole a wingmates laptop for this. That was intervention time for the guy. As he had already sold the laptop in Koti market(hyd reference) we couldn’t do much but make him realise his mistakes and provide counselling through campus facilities all in the name of not informing the cops or his parents. Gradually when he changed through counselling stuff and got a steady job he repaid for the stolen laptop in instalments later.
You can say that you will reach out to authorities if he doesn’t pay out to threaten him. And will spread the word. Sometimes people payback just to avoid social embarrassement
Also from next time for 20k + amounts try to lend in a more legal manner: https://www.lendenclub.com/blog/lend-money-legally-for-high-interest-in-india/
Yeah, money is gone, lesson learnt and don’t lend money to someone who you can’t trust your life with
Before giving you have to think Bro, you don't know what he is facing, other problem s not returns your money two sides you have to think
The best you can do is call up all his friends and acquaintances and expose. At least save others. It seems unlikely that he will return the money. I know it's a bad feeling but stop investing more emotion and time in this NPA and mark it off.
A wisdom for you——> I lend only what I am willing to grant as a gift. By releasing the expectation of return, I protect my own peace and ensure that my generosity never turns into resentment. If the money returns, it is a testament to their character; if it does not, I have simply paid a small price to know the limits of the bond.
Bro don't rush, trade things from them otherwise u will not get money