What is the crime here? And what should I do?

Hello,

Basically my best friend and I entrusted 30k toward a business venture. Long story short the person that collected the money for the LLC (from several investors) and spent the money on another business on her own. She is now claiming she doens’t have any money. It is not worth another 8,000 to get a lawyer and sue her. But is this considered fraud? Can I persue it criminally?

Thanks

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