Partner spent my money and lied

[Lilly1812]

So i gave some money to my partner to keep in his savings account as he has a higher interest. I tried to open the same account but was denied. This is an inheritance given to my children by their late grandmother. I finally opened an account in their names and asked for the money back. He gave me different stories for a week. At first he said he has put some in a fixed term account so I said log in on ur app and let me see . He said no! Meanwhile he allowed me to see just a week before. This got me thinking that he has perhaps used some of the money. I asked him to tell me the truth but he insisted the money is there but he will transfer it when he's ready and he won't let me see his app either. After some back and forth and him making me very upset, he transferred some of the money. It is left with £5000. I asked him why he can't complete the transfer but he said he will do it. I persuaded him to just let me check to make sure he hasn't used it. He finally opened the app and I only saw £2000. I confronted him and he said he gave £3000 to his friend to invest in something and he should get it back by the end of the month. I'm so disappointed he lied to me for so long and also used my money without asking me. What can I do if I don't get the money back? I'm not talking to him as of now .

@Lilly1812 get your money back and then dump him.

This person is unreliable, lies and does not hold any respect for you. He spent your CHILDREN's money on some dodgy scheme with his pal.

You’re a lawyer? Sure 😆

Yep, I qualified in 2012, I did my GDL conversion at BPP, my LPC there, trained at an MC firm, and I’m now an in-house GC. HTH.

So perhaps you could explain how OP’s partner stole the money?

Are you one of those people who enjoys giving incorrect advice? Or enjoys seeing people suffer?

Because you are giving really bad advice on this thread.

Leave it to the lawyers here, stop trying to make things worse.

Sure - as a high level, go look up s1 Theft Act 1968. You’ll see in that once sentence definition of theft the word “appropriates” and “permanently deprive”. Then skip a few sections in the legislation where it’ll tell you what that and “permanently deprive” means. The statute will mention “loan” too.

So weird when people think people lie about being a lawyer.

If you want the case law on this, that’ll cost you by the 6 min block. But, as a fun fact, there is a case wherein someone switching price labels on goods in a shop was considered “appropriation” aka treating something like it was yours.

Apologies and backtracking accepted as a thread post or by DM. Cheers.

It’s incredible how laymen think they know the law better.

Incredible AND dangerous!

I find it so sad that “ohhhh you’re a lawyer?!” is said with a sneer. God forbid women are educated and accomplished something…but no! Must be a lie!

No. I'm not on benefits so don't need to hide it from the authorities. I tried to get a high interest savings but was denied. I trusted him keep it for the mean time till I sorted an account in their own names. It wasn't a loan. I verbally told him to save it for me and there was proof of transactions. Also I told him to send the remaining £2000 to my child's account but he said no. He said he's waiting for the £3000 to add it before sending it.

Doubt you’ll see a penny back.

How long are you with him?

@Lilly1812 - I’ve lost track of how much if outstanding back to you, but you can still play this. I’d keep up with the line of “oh darling! Great investment idea (never put this in text/writing; only verbal convo) and spin him some shite like “once my kids are made whole, I’ve got some other cash I’d love for you to invest for me!”

So to be clear, are you supposed to get back the initial amount plus some interest? How much is the original amount outstanding vs interest?

If you're not getting interest then I'm unclear why his interest rate made a difference in which account it was kept in

Yes with interest

Theft

and that's the end of the relationship.

My children or our children ?

You won't get it back I fear. What kind of person does this!!

No. I'm not on benefits so don't need to hide it from the authorities. I tried to get a high interest savings but was denied. I trusted him keep it for the mean time till I sorted an account in their own names. It wasn't a loan. I verbally told him to save it for me and there was proof of transactions. Also I told him to send the remaining £2000 to my child's account but he said no. He said he's waiting for the £3000 so he can add to the ££2000 to give it back.

I agree it is theft

It’s just a question of being able to prove it/ would the police bother with it.

But doesn’t mean it’s not theft

I am confused.

So was the total you gave him £5k and he can now only account for £2k?

No it was 15k total. He didn't want to give anything back and was giving excuses. I managed to get £10k back

I too doubt the police would care, but it’s about the bf’s appetite for risk.

Unfortunately, I don’t think the bf gives two shits, which is why the OP has no leverage to demand it back. Got to play the nicely nicely long game, then burn him.

The title of this is wrong.
You were entrusted with your DC inheritance & you gave it away in pursuit of a few extra % in interest.
Possibly one of your most foolish decisions to date.

Theres no reason why he can’t transfer back the £3,000. Unless of course that money doesn’t belong to your children because the whole amount is spent. I would demand he transfers this now. He sounds like a conman.
How long had you known him & how long since the DC inherited?

I've known him for 15 years. He's let me down so many times and I've lost trust in him but decided to give him the benefit of doubt to prove to me wrong but I guess I have to learn the hard way. I can't even tell my siblings because they will call me stupid.

You don’t need to tell your siblings at all

He didn’t want to give any of the £15k back?! 😳 thank god you managed the get that £10k out of him.

If I were you, I would tell him to transfer the £2k now or you will call the police. And if he doesn’t, follow through and call them.

For people saying you have no evidence, I don’t agree. Your word about what the agreement was is evidence. And the fact he transferred back £10k, your failed application for a high interest ISA of your own, your timely opening of an account for your kids, the evidence of the inheritance being for your kids etc is all evidence that your narrative is the correct one. Why on Earth woukd
you just gift your DP your kids’ money and then open up an ISA in their name and suddenly demand it back?! Makes no sense!