Fraud case in business

How to launch complain and proceed further in case of business fraud?
I had my own gym but within a year I had consistent loss in it. Then two people approached to make partner ship and gave a dream to begin new big gym project. One of the guy asked to sale my gym machines and other furniture so that that money will help in new project.
He took all machines and sold it and never gave money about the dealing. Also after new gym opening which happened on 24th January till date i did not get single penny of the complete earnings.
I feel cheated and urge law to help me out of this.

Answers

Please help

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You should have to documents to prove you had a GYM. Do you have any agreement for the partnership transaction? Why you have not take steps to sell your machines for investment instead allowed other person to do the sale. Do you know who has purchased the Gym Machines? Can you get a statement from the purchaser that he has purchase the machine for so and so value. You need to do ground work first and then approach district crime cell with a complaint of Fraud

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File police complaint for cheating under Sec 420 of IPC. Hope you have necessary documents to pull cheaters

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Lodge an FIR for the offence 420 IPC.

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you can report the matter to the police to register a case or file a complaint before the magistrate court having jurisdiction as a criminal action.It is also better to file a civil case and attach the properties of the alleged partner.

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