Lent money through credit card and not returning
Hello sir/madam,
I had lent 1 lakh rupees to a director from my company through credit card and 3 days later found out that he has left the city with similar scenarios happening to 40 other people in the company. The total amount he left with is 5-6 crores. As the top was taken from us, police refuses to file an FIR but there are certain victims who had lent money to him and got cheques from him for the payment and came to know check has bounced. How do we all recover the money. We have reported the issue to the credit card issuer and got the card blocked and a temporary refund of the amount but it can be made permanent only if an FIR is submitted. The people with cheque bounce have filed an FIR. So is there a way I can take action for credit card fraud or cheating for not returning borrowed money and running away from the city with contacts off. This person has done this claims of crime for the second time in last 7 years as of the information we researched after the incident has happened.