‘He broke down in tears’: I gave my contractor $100,000 for materials, but he used it to pay off his debts. What can I do?

"Do I stay quiet and continue dogging him for money until he pays me back, or report him and put him out of business thereby protecting others from a similar fate?"

‘He broke down in tears’: I gave my contractor $100,000 for materials, but he used it to pay off his debts. What can I do?
"Do I stay quiet and continue dogging him for money until he pays me back, or report him and put him out of business thereby protecting others from a similar fate?"