If a business partner is embezzling funds from a company in Georgia, legal options include:
- File a complaint with law enforcement: Embezzlement is a criminal offense in Georgia, and the embezzling partner could face criminal charges and penalties. The company should collect evidence of the embezzlement, such as bank statements and accounting records, and file a complaint with the local police or district attorney's office.
- File a civil lawsuit: The company could file a civil lawsuit against the embezzling partner seeking damages for the stolen funds. This could include compensatory damages for the amount stolen, as well as punitive damages, legal fees, and other expenses.
- Negotiate a settlement agreement: The company could attempt to negotiate a settlement agreement with the embezzling partner to avoid litigation. The terms of the settlement could include repayment of the stolen funds, as well as measures to prevent future embezzlement.
Limitations or exceptions to this advice could include the availability of evidence, potential relationships or agreements with the embezzling partner, and the likelihood of success in litigation.
Further suggested actions could include seeking the advice of a licensed attorney and consulting with financial experts to prevent future embezzlement.
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