LAW. Jay wants to start a lawn mowing business. He buys a bi…
LAW. Jay wants to start a lawn mowing business. He buys a big truck and a lawn mower and starts advertising. Jay asks Angie for a loan to help him get the business started. He says he will give Angie a 5% return on investment. Angie pays Jay $5,000 after they sign a contract. Jay’s business fails after he accidentally mows a client’s rose garden (classic Jay). He gets bad reviews online and no one else hires him. He closes down the business. He never pays back Angie. Can he be criminally prosecuted for fraud for not paying back Angie?
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