Advice on Fraud and Bounced checks from 7 years ago

A so-called friend borrowed money to supposedly help finance a high yielding business. This was in 2004. He promised a 5% monthly interest for 6mos for the principal of 300K. He issued me 6 PDC's totaling the principal plus interest. We had no written contract.

First check bounced right away (Account was closed). I could not contact him anymore. I deposited the rest of the checks during their issue dates and they all subsequently bounced. I still have all the returned checks.

Went to a collection agency but they could not locate him to give a demand letter. Collection agency is no longer in business.

Now, I believe that I may have an address for the guy. Do I still have a case? If I do, what steps should I take and what should I file against the person?

Thanks in advance.

bp 22 is too late.

you can still file collection case. that won't expire until 10 years.

Thanks for the info. Could you elaborate on what a collection case is? Do I file this in court? Thanks, again.

send a demand letter first, then a collection complaint filed with the court. you will need a lawyer.