As a business owner, you put a lot of trust in your employees to handle the financial affairs of your company. Unfortunately, that trust can sometimes be misplaced, and you may find yourself the victim of corporate embezzlement.
Embezzlement occurs when an employee misappropriates company funds for their own personal use. This can take many forms, from fraudulent expense reports to skimming cash from sales. No matter the specifics, embezzlement can be devastating to a business, causing financial losses and damaging the company’s reputation.
If you suspect that your company has been the victim of embezzlement, it is important to take action quickly. The sooner you can identify and stop the embezzlement, the less damage it will do to your business. The first step should be to consult with an experienced corporate embezzlement attorney. An attorney can help you gather the necessary evidence to prove the embezzlement and assist you in pursuing legal action against the responsible parties.
In a corporate embezzlement case, you may be able to seek damages from the employee who committed the fraud, as well as any supervisors or managers who may have been involved or failed to prevent the embezzlement. You may also be able to recover damages from any third parties who benefited from the embezzlement, such as banks or vendors.
If your business has been the victim of corporate embezzlement, don’t hesitate to take action. Contact an experienced attorney at Enara Law to protect your company and pursue justice against those responsible. You can reach an experienced attorney by phone at 602-687-2010 or by email at [email protected].