Legal Question in Business Law in Missouri

Re: How do I protect myself if business partner has stolen funds?

Without knowing how much is at issue, whether you have personally guaranteed the debt, or whether there are other issues that may affect the analysis (company location and applicable law will play a large part), the best advice I can give you is to consult with an attorney in Missouri as soon as possible.

There may well be embezzlement here, and there may be other financial irregularities. If your customers have been shortchanged, you could have serious financial liabiity.

Gather the following documents:

Your LLC operating agreement'

The evidence (bank statements) of fraud

The location of your partner's bank accounts

And call a Missouri attorney. Although you might be able to sue in Florida, I suspect your best course of action is to pursue the claim in Missouri.

There are numerous good attorneys who handle this kind of litigation. If you need a referral, let me know, or check out the referrals here on Law Guru.