I have a friend in US and he said he is starting some business there and promised a return of 10% every month. I have given him 10 Lacs through bank transfer and after few days he came back from US and says he lost in business and cannot pay. I don't have any legal agreement written for this and have only bank statement and WhatsApp conversation. Can I pursue this case legally.
Can I go to his home and ask their family to pay me?? He says he cannot pay.