Hi, my name is XXXXX XXXXX I will be glad to assist you.
You are very wise to have done a background check on this individual. There is a warrant out for his arrest for his failure to appear in Court on several different hearing dates. The entry listed as "Preliminary hearing" tells me that this has become a criminal case because only criminal cases have "Preliminary hearings".
What is even more important is the fact that his dishonesty is revealed by the first group of entries. They indicate that he never registered the vehicle he was driving and the plates he had on his vehicle were fictitious, in other words that were not genuine plates issued by the Department of Motor Vehicles.
If you invested in an LLC, you would not be liable for any liabilities or debts of the LLC, but I doubt that he would form an LLC. Even if he did form an LLC, you would have no control of the business, nor would he show you the real books of the business. So, you really would not know what he is doing with the business. Moreover, when the police pick him up on the Arrest Warrant, he will wind up in jail and more than likely use your $15,000 as bail money and to retain a criminal defense Attorney.
If I were in your position, I would not trust this individual with any amount of my hard earned money, let alone $15,000.
Please be kind enough to rate Excellent Service" so that I receive credit for assisting you, it will not cost you anything additional to give me a positive rating, and that is the only way I can receive credit, Thank you for understanding,
If you receive a Customer Satisfaction Survey from JustAnswer, Please rate a 10 as it gives me a greater opportunity to assist other customers on this website and is greatly appreciated,
Thank you for allowing me the opportunity to assist you,
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).