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Businessman Duped in Export Order Fraud: Seeking Advice at Age 54

Maxim Emmanuel | Answer |Ask -Follow

Soft Skills Trainer - Answered on Aug 28, 2024

Maxim Emmanuel is the marketing director of Maxwill Zeus Expositions.
An alumnus of the Xavier Institute of Management and Research, Mumbai, Maxim has over 30 years of experience in training young professionals and corporate organisations on how to improve soft skills and build interpersonal relationships through effective communication.
He also works with students and job aspirants offering career guidance, preparing them for job interviews and group discussions and teaching them how to make effective presentations.... more

Asked by Anonymous - Aug 18, 2024Hindi

Career

I am 54 years old. A businessman and exporter. Everything was running smoothly till last year october 2023. Then someone cheated me of almost 7 crores export order. Since then a downhill. I have 13 lakhs peraonal credit card bills, business debt of 3 crores. Somehow i am unable to get new export orders too inspite of trying 24x7. My employess are gone. Only a loyal driver remains and i will be unable to pay him in coming months. My assets a office approx 45 lakhs, a property of 1 crore, another of 4-5 crores, receivables of 18 lakhs. Other savings are gone chasing the suspect overseas. What should i do now?

Ans: Well I understand the quagmire you are in, payment defaulters exports of products overseas, can be certainly tackled using govt support at both ends.

Happy to assist!

f you do need further professional advice happy to assist
https://m.me/maxim.emmanuel.2024

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Hello Anu Ji, I have cheated by one of my friend for almost 2 lakh rupees Plus i have my own personal loan of nearly 4 Lakhs in addition i have debt of nearly 3 lakh rupees of credit cards every thing was going well until jan 2024, suddenly i lost my job 2 months back. Now due to heavy loan bank people keeps calling me for repayment. I am under lot of pressure and think of ending my life some times. what should i do in this situation

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It's time to buckle up NOW!
Stop all wasteful expenditure first...
Clear pending bills by selling immovable properties/other investments if any.
Also, if it is possible to invite a trusted friend/relative who can help you plan on how to get you out of this, that will be a good thing to do...
Ending your life is only giving up...hold on, seek help and people are willing to step in. Be graceful to whoever is willing to help you to plan on easing this mess and promise to make it up to them when things get better for you...AND keep this promise...
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Asked by Anonymous - Aug 17, 2024Hindi

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I am 54 years old. A businessman and exporter. Everything was running smoothly till last year october 2023. Then someone cheated me of almost 7 crores export order. Since then a downhill. I have 13 lakhs peraonal credit card bills, business debt of 3 crores. Somehow i am unable to get new export orders too inspite of trying 24x7. My employess are gone. Only a loyal driver remains and i will be unable to pay him in coming months. My assets a office approx 45 lakhs, a property of 1 crore, another of 4-5 crores, receivables of 18 lakhs. Other savings are gone chasing the suspect overseas. What should i do now?

Ans: I think you’ve posted on the wrong forum, my friend…I’m sorry to hear of your troubles, but you need to post your query on the financial expert’s page. Good luck!

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