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this situation sucks bad. I hope you get your money back but I doubt you will and unfortunately, depending on who this person is, I doubt you will hurt his business much. That is a ridiculous amount of money to lend someone that does not live on your street man. I wouldnt lend that to a family member unless it was under an extreme circumstance.
Make sure when you out them you provide rock solid proof or you will be the one attacked
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