Dear All,
I have cheated by known and very close person. I have given him big amount to him to become partner in the bussiness. He was running one small s/w company before. Due to conflicts with partner, he came out from that. He approached me and he shown me some proofs (post dated cheques) saying that he has to some money and it's getting delayed. He offered me the partnership if arrange some money for 2-3 months. I have collected big amount of money from my friends and relatives and gave to him (around 25 lakhs). He gave me one promissory note with attestation on the single stamp and gave few post dated cheques on my name and my father's name for the same amount. After few months, i have dropped few cheques and those got bounced. This happend in the month of feb'2013. After that he was abscanded for 1 months. During that time, his parents blackmailed me saying that because of my pressure he went away from home to commit suicide hiself. Then immediatly my father filed a cheating case against him. Immediately he came back then started calling us. From past 3 months, hiself and his parents saying we will pay the money in few days. They keep post poning the date. last month his parents to the responsibility for that amount and gave two promisory notes of 13 lakhs each with their attansations and promised they will pay the amount the installment. But still they didnt pay even single paisa. Whenever i interact with over the phone, i recorded the conversation between us.
And at their native they have one house on his father name which is worth of 25 - 30 lakhs as per market standards.
I would like to know whether these proofs are sufficient to win the case if they wont pay.
Please advice me how to approach.