Can you embezzle from a company that you own? Who would you report it to if you know someone who be?

I work for a company next to 4 full time human resources. The owner is also the president. He is robbing the company blind. Can't he receive into trouble for that or does the law protect him when he does something approaching this. We've remunerated for his topical truck as ably as 2 of his houses. He owed the company $12,000. He found out a route where on earth that not merely get wipe out but the company very soon owes him $30,000. How is that possible?

Answers:
you probably should find another errand elsewhere

if you don't, this is going to drive you crazy
and if you right to be heard anything, you'll imagined achieve fired

so i suggest you skip the hassle and find that other job

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that said ...

If M. le Presidente has partner contained by owning the company (other shareholders), it seem as though he's cheating them.


instead, he may own none, so at hand'd be no other owners who'd vigilance.

In which satchel, if this corp files taxes as a regular corporation [and not as if it be a sole proprietorship], he is probably defraud the rates collectors.

{You didn't influence which country this is contained by, so I can't guess whether it is the Inland Revenue or the Internal Revenue Service.}

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What he is doing by treating the corporate assets as if they're his own, even if he have no other stockholders to defraud and is square beside the duty collectors, if breaching the [invisible] stripe between corporation and himself. Should, some morning surrounded by the adjectives, the corporation get hold of into financial trouble, that breach may spread out the doors for the company's creditors to hijack his personal assets to slake the debts to them.

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The more I muse aobut it, the more I cogitate you should get hold of a different livelihood. It seem adjectives that his rank of honesty and yours aren't indistinguishable -- which'll become a problem when he asks you to treat customers as if they are roaches.


GL


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