‘He broke down in tears’: I gave my contractor $100,000, but he used it to pay off his debts. What chance do I have of getting my money back?

From Dow Jones & Company:

A homeowner is faced with a dilemma after their interior designer embezzled $100,000 meant for home renovations, leaving the project at a standstill. They are considering whether to take legal action, post warnings on social media, or continue dogging the designer for the money. They are advised to light a fire under the designer to ensure repayment and to seek legal action if necessary. It’s also suggested they file a complaint with the licensing board and consider arbitration. Meanwhile, a reader seeks advice on how to handle their father’s dementia-induced decision to “forgive” their brother’s $200,000 house loan. Follow-up questions can be directed to the Moneyist.



Read more: ‘He broke down in tears’: I gave my contractor $100,000, but he used it to pay off his debts. What chance do I have of getting my money back?