Partnership Q&A: Can a Business Partner “Embezzle”?

Posted on March 29, 2014 in Disputes

Q.:  Can a business partner be charged with embezzlement? My husband owns a business along with a partner whom he went to school with. The are equal partners. We have discovered this year he had a $10,000 cashiers check issued to himself from a business loan that acts as a checkings plus account. He also has approximately $40,000 in exessive business expenses that are not legitimate.  What can be done?

Read on to find out . . . !

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