Legal advice - Lateral-g Forums

sixnina · #1 06-07-2012, 10:22 PM

Hey guys I was wondering if there was anyone out there that could help or recommend legal advice for a situation I'm dealing with. Been a year since I partnered with my bro in law and two other gents that he had worked with previously to buy a small coffee business. Anyway long story short we are looking at last years profit and loss and it seems as if my bro in law and I are being defrauded. We are looking for a professional to look over the p&l for irregularities.

**Flash68** · #2 06-07-2012, 10:34 PM

That sucks Shane. The P&L will only tell you so much by itself. Do you have access to the business bank accounts? Who all has access to it? That's what I would want to see as well.

Or maybe it's a heavy cash business and they are siphoning money that way?

sixnina · #3 06-08-2012, 01:07 AM

Alot of it is cash and I have requested bank account info but a lot of it is not detailed. We are trying to get to the bottom of we're every penny has gone but there has been a lot of feet dragging. At this point just need to see what my options are.
Thanks Shane

Track Junky · #4 06-08-2012, 01:20 AM

At this point you probably dont have a leg to stand on if you dont have documentation.

**4mm** · #5 06-08-2012, 03:12 AM

It's going to be difficult to trace the flow of the cash but I would hire a forensic accountant.

**GregWeld** · #6 06-08-2012, 07:18 AM

Quote:

Originally Posted by 4MuscleMachines

It's going to be difficult to trace the flow of the cash but I would hire a forensic accountant.

EXACTLY.... you don't need a regular accountant - you need a forensic accountant.

Be prepared to spend a lot of money for this type of accounting - you're hiring a team of people in many cases... because you're not only getting an accountant but also a private eye type that knows how to dig and how to link things up.