embezzlement fraud, business partnership CA, money order transfers

San Jose, CA Viewed 486 times. Posted about 1 year ago in Fraud

Embezzlement: Can a money order taken by a partner to pay from corp A to Corp B considered embezzlement of funds. I am a 50% share holder in Corp A and my partner solely owns Corp B and a 50% shareholder in Corp A.
He has been taking money orders to allocate money to his other corporation in this manner. Can I sue him - Is this your question? Add additional information

Answers (1)

J Craig Williams

This attorney is licensed in California and 3 other states. Posted about 1 year ago.

You can certainly sue him. Whether you should however, depends on the agreements between the two of you, and the history of dealing with pay.

You should take your shareholder agreements to an attorney and explain all of the facts. There is more going on here than you've listed in your question. As just one example, are you taking the same amount of money from Corp A?

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