Fraud

[Hurawan]

I live in California and one of my friend living in New Jersey asked me to send him some money to start a business 4 years back, I send him the money via bank transfer I do have the record for that, no business was initiated, on asking him to return the money he stats that all the money went into to business setup expenses, he never took any approval for initiating the expense, nor send me any documentation, neither chipped in his money. what should I do to recover the money.

 

[army judge]

I live in California and one of my friend living in New Jersey asked me to send him some money to start a business 4 years back, I send him the money via bank transfer I do have the record for that, no business was initiated, on asking him to return the money he stats that all the money went into to business setup expenses, he never took any approval for initiating the expense, nor send me any documentation, neither chipped in his money. what should I do to recover the money.

Your only legal option is to sue him in NJ.
It may be an impossible lawsuit with a signed contract (or a proper promissory note) to indicate the money was a loan or was to be paid back to you within a time certain.
Frankly, you may have simply gifted him the money.
I would be very reluctant to refer to him as my friend.