Hello everyone. Over a year ago, I invested a large sum of money into a new Thai business with a Thai friend. I know nothing about business and I don't speak Thai so he is the one who set everything up. It has come to my attention that he is actually a pathological liar and I may have been duped. This guy owns a house and has a family in my village so I have time to plan a course of action. My final goal is to just get all my money back from him so we can go our separate ways. There is a record of my bank transfer to him so I do have proof of giving him money. I know there are many more details I need to give for you guys to give me good advice but for now I just want to know how to get started on going after this guy. Any guidance you guys can give on this matter would be greatly appreciated as many of you have helped me out before. Thank you all so much for reading this and I hope you can help. 😀
TLDR : Answer Summary
An expat who invested a significant amount into a Thai business with a partner who turned out to be a pathological liar is seeking advice on how to recover their money. They feel deceived and want guidance on potential steps to take against their partner, emphasizing their lack of knowledge about business and the Thai language. Commenters generally advise consulting with a lawyer, but many express skepticism about the chances of recovering any funds without proper contracts, given the complexities of Thai law and culture.
