embezzlement??

[faithnlve]

What is the name of your state? vt can a partner 12.5 percent whom is treasurer walk out of the business and before doing so write a check over 5000.00 (emptied bank account of business) in their name and claim it was due as shareholder and money due for services?? This partner was allowed to write checks for bills for the business. faith

 

[seniorjudge]

What is the name of your state? vt can a partner 12.5 percent whom is treasurer walk out of the business and before doing so write a check over 5000.00 (emptied bank account of business) in their name and claim it was due as shareholder and money due for services?? This partner was allowed to write checks for bills for the business. faith

Based solely on the tiny number of facts you have given in your post, yes.

 

[faithnlve]

Well, this partner was hired from an accounting agency. She was hired to do end of year taxes, quarterly reports through her financial business. She became 12.5 % owner of our corporation due to my older brother being best friends and interested in joining into the family business too. The accountants title became treaserer for the family business. She was paid 15.00 per hour for being treasurer. For doing the end of year taxes and quartlery reports she was paid through her business. (The checks would be written for example USA financial Services) not to her personally. When she got paid as treasurer it was through our company payroll. Her responsibility as treasurer was payroll, billing, invoices, ordering and bookkeeping. She was added onto the checking account to write the checks for these bills. When she decided she wanted out of our corporation she came into the business while it was closed, into the office and wrote a check to herself of over 3000.00. Her services were paid in full to her company for services already completed. Her company charges 40.00 an hour. She since then sent an invoice which includes every hour she has worked at our company at the rate of 40.00 an hour even though she was paid 15.00 an hour for her employment time. Now this new invoice amounts to over 8,000.00. We also found on the taxes she had done she forged the president's signature instead of him signing it before sending to IRS. Will all this help? thanks Faith