How would you feel if someone you thought was close to you betrayed you?

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I am curious as to how you would feel if some one very close to you helped you get student loans to go to school and you trust them a anough that you help them pay bills and live with them for three years when all of a sudden they have their friends through you out of the home you lived in with that person. And has you locked up on teweleve accounts of fraud and he has everything bought with the money he claims was taken. And now he says he will drop it if I give him ten thousand dollars and pay all the student loans which yes i would pay because those were for me.I was never before arresseted until I met this man now its hard to get a job with this hanging over my shoulder. What would you do and how would you dial with it.