Did you know that 51% of businesses experienced fraud in 2022?
Building a business is one of the most rewarding things you can do. And with a reliable business partner by your side, there’s no limit to the things you can achieve.
Unfortunately, if you’re reading this post, you may suspect that your business partner is stealing company funds. We’ve put together this guide to help you move forward and do what’s best for the company.
Read on to learn more.
If you suspect your business partner is stealing company funds, gather evidence to support and prove your suspicions. While it can be tempting to immediately confront them, it’s best to wait until you have a strong case against them.
Keep detailed records and gather evidence. You should note down and save:
- Any suspicious incidents or behavior patterns
- Discrepancies or missing assets
- Financial statements and receipts
- Email communications
- Any other relevant documents
Our private investigators use a wide range of surveillance techniques to get the full picture. Count on our surveillance and workplace investigation services to uncover hidden assets, identify fraud, and account for lost company funds.
Consult with Legal Counsel
Speaking to a specialist attorney can help you with the legal complexities that come with addressing a dishonest business partner. Share your concerns and provide them with the evidence you have gathered. They will help you understand your rights, obligations, and potential courses of action.
The more evidence you have, the easier it will be for your lawyer to build a case. When it comes to covert surveillance, we pride ourselves on discreet and efficient evidence gathering.
Combined with a competent lawyer, this evidence can help bring a dishonest business partner to justice – giving you a better chance of removing lost company funds.
Review the partnership agreement and look for clauses that outline the rights of each partner.
This might include provisions on dispute resolution, termination, and fiduciary duties. Understanding these provisions will help you determine the appropriate steps to take.
Your legal and investigative team can help you go over your contracts and agreements. They may be able to find a provision or section that will help gain a prosecution.
Communicate Your Concerns
Arrange a meeting with your business partner to discuss your concerns. Be prepared and keep your evidence organized.
Start by outlining the specific incidents that have raised suspicion. Stay calm and composed during the discussion, focusing on facts rather than making personal accusations. Maintain a professional approach to preserve the business relationship, if possible.
In cases of theft or fraud, you may need to report the matter. Consult with your investigators and attorney to determine the best course of action.
Is My Business Partner Stealing?
Discovering that your business partner may be stealing company funds is a challenging situation that requires careful navigation.
At Najar Investigations, we understand the gravity of these situations. We offer comprehensive private investigation services to uncover hidden assets and identify impropriety.
If you find yourself in need of professional assistance, we are here to help. Contact us today to discuss your concerns and take the necessary steps to protect your business’s interests.