Investment Gone Wrong

format_quote Originally Posted by MuslimLawyer

Your Solicitor friend should be right on top of this.
Maybe use a real firm to help ?

My solicitor friend has told me exactly what I need to do. Getting the bailiffs round to his house, but which one? He has 2 wives and 2 families?


If the bailiff is unable to get anything from him, then I need to go for an attachment of earnings. Again, it will be awkward for him. Which family will he mention and which wife is he supporting? If he doesn't turn up to court without a good reason, he gets locked up anyway.


Failing that, a charge over his property and then possibly force him to sell the house, but again, which one?


I feel a bit awkward for the person I invested with. He is going to get done over big time because he is a bigamist. I've given him more than enough options and time (2 years!) but he wants to play silly buggers.


I also feel upset because he is an Aalim. Of all the people who could lie or dupe someone, I wouldn't have thought someone of that calibre would be capable of something like this. I guess you learn something new everyday.

Thanks for pointing out the obvious. I need to take him on and the sooner the better.

format_quote Originally Posted by M.I.A.

i wonder how hes getting on.. been a few months now?

i reread OPs posts and its even worse that it was his inheritance that was taken advantage off.

...at times i do think this is a game rather than a test... snakes and ladders maybe?

OP met a snake.. the other guy a ladder.

no offence hisnameiszzz..

but there must be a way of realising if someone is truthful or not..

or follows guidance or not.. and to what end he serves..

o_0

Thanks MIA. I thought the person was trustworthy hence investing the money but it seems like he is a big fat liar. When I have threatened action against him, he must have thought I was lying or making it up but enough is enough. I have to sort this out once and for all.

Thanks for your kind words.

If anyone else is thinking of investing, DON'T!

It's sad but I am going to have to send some bailiffs round to his. Otherwise this could go on for years and years.

Is it wrong of me to claim interest off him for the last 2 years and then donate it straight to charity? I have no intention of using the interest, so my intentions are pure but I am unsure if this is allowed? Could anyone clarify for me?

format_quote Originally Posted by hisnameiszzz

Is it wrong of me to claim interest off him for the last 2 years and then donate it straight to charity? I have no intention of using the interest, so my intentions are pure but I am unsure if this is allowed? Could anyone clarify for me?

Interest is Haram, so claiming it and accepting it from him is also Haram. Charity is accepted from Halal money, not from Haram money.

You can simply claim your own principle investment amount and the profit share if there is any.

format_quote Originally Posted by AabiruSabeel

You can simply claim your own principle investment amount and the profit share if there is any.

Jazakallah for your response.

The issue here is the person I invested with is playing awkward with me. He still owes me a fair bit of money from the profit share within the agreed investment period. The investment was for x number of months, and for each month I would receive £xxx. He paid for the first few months and then defaulted on all the profit payments. I kept telling him to return my money and he kept promising the profits would all be given to me, so with him being an Aalim, I gave him the benefit of the doubt.

Fast forward to today, he still owes me about 6-8 months worth of profit, and most of the invested amount. The excuses keep coming and I am tiring of them.

He keeps telling me the investment is over so he won't be giving me any profits since the investment ended, so I wanted to hammer him with the interest. Like I said, not because I want to use it, but because I want to get my own back on the lying scheming manipulator. My solicitor and the courts have told me to claim all the interest back and not let him get away with it. However, I completely understand what you are saying and are coming from, so I guess deep down, I should not ask for the interest which is a shame because it would be a fair bit of money that would be going to various charities.

Oh well. Thanks again for your help.