If you have good evidence of fraud, you should go to the local police with the evidence and file a report. It will be up to the prosecuting attorney's office whether or not to press charges. The court has the discretion to order restitution to you as part of any sentencing. However, if the individual is in jail, you may not receive much unless he has assets to liquidate by order of the court.
You may want to file a lawsuit for civil fraud, seeking money damages before criminal charges are brought. Then you could place liens against his property and garnish any wages. If he attempts to sell or transfer the property to pay for attorneys fees, your lien will be paid off at the time of the transfer.
I would consult with a local litigator with experience with fraud and criminal matters to determine your best course of action to get your money back. If you believe the individual has the funds to repay you, a demand letter from an attorney may resolve the civil matter.
The state bar association can provide you with attorney referrals.
Please let me know if you need additional information.
Best regards to you,
TG
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Lawyer.
licensed attorney for 12 years including employment, business, contract, domestic, and general civil
Yes. You can sue his ex-wife as well since she was involved. Yes. Generally if you have a sound case, you can find attorneys to take it on a contingency fee basis. The going rate is 1/3 of the gross recovery, plus costs incurred in most areas. When you contact the state bar, ask whether they can refer you to attorneys who may take contingency fee cases.
In addition, if the individual used a company as a front for the investments, you may also want to file a complaint with the state attorney general's office.
All the best to you.