commodity trading

Money help please. – needed?

Posted under Sell and Rent Back by admin on Monday 7 June 2010 at 9:31 am

Hi, a few months back me and an old work colleague were going to rent a house together meaning the cost would come to around 350GBP for me a month and same for him, we went to view a local property and after talked and agreed to go ahead and rent the property, To rent the property it meant i had to sell one of my latest mobiles in a local cash converter’s, as i was doing this he was outside on the phone speaking to the letting agency (selling the mobile give me enough money for 1/2 the security deposit), he then came in and said he would drop it by on the way to the letting agency as he walk’s past it to get home, due to being a work partner i trust him.
a few days later i enquired how it was going and he started making excuses, i contacted the letting agency and they had not recieved the money or a phone call since we had viewed the house.
what can i do? im 150GBP out of pocket, im 19 and he’s around 28. pleaasseee help! thanks

1 Comment

  1. Comment by Cala — June 7, 2010 @ 9:31 am

    There’s very little that you can do and you’ve learned a valuable lesson – when it comes to business and/or money, never trust anyone! Always get a receipt for any money that you hand over, and deal with finances yourself rather than handing money over to others. You have no proof that you gave him the money, so small claims court isn’t a good idea. Just tell him that he needs to pay you back or you will be making it public knowledge that he is a con-man and a thief!

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