Need some advice...

@bizness (866)
United States
October 24, 2012 10:39pm CST
I had a 'business' partner; we did events, marketing, advertising together for an on line website with Web TV local news coverage. I found out, quite by accident, that he has been stealing from me. Not by taking it directly from me, mind you, but by doing underhanded things. For example, we booked a wrestling event to be held at a car dealership. He told me how much it would cost and I got a check from the dealership to take care of that part of the event (this made sure we were locked in). I later found out that he had told me a price that was incorrect. He cashed the check, paid the wrestling team, and then pocketed over $150! So I ask you, what would you do?
4 responses
@Bhebelen14 (5194)
• Philippines
25 Oct 12
Hi bizness, i think you need to sit down and talk about it matter, if he refuse to tackle this matter then from now on you should double check all the payment first before issuing any check. Trust and good relationship are they key of a successful business but you partner continuous cheating and stealing from your business soon you will face a big business problem. Better to solve it now before it's too late.
@bizness (866)
• United States
28 Oct 12
Well unfortunately we are passed the 'sit down and talk about it' stage. Looks like I will have to take some legal action at this point. Sigh, I hate it but I have to protect my business. He's already caused some big problems. Thank you for the great advice!
@Raine38 (12257)
• United States
25 Oct 12
Shouldn't you guys have some sort of contract before you book your services for any client? And the contract should not only state the work and services to be provided but the price as well. I think you should confront him about this but not without any substantial evidences like check receipts or written confirmation from the client. It can turn nasty and you can be accused of being paranoid.
@bizness (866)
• United States
25 Oct 12
Yes we normally have some kind of contract or agreement. But, what he did was pay the guys and they gave him back the difference. He gave them some story about how the dealership made the check out in the wrong amount and it would be too difficult to go back and get another check written...and they fell for it. So I was out that $150 plus we split the profit from the event, of course again I didn't know he had pocketed the other money!
@chicgale (2982)
• Philippines
25 Oct 12
You should confront him. That's the problem when you have a business partner....
@bizness (866)
• United States
25 Oct 12
Well, to be honest, confronting him doesn't work. He sees nothing wrong with anything he does and he 'laughs' everything off! He makes me very angry. I have dissolved the partnership but here's the problem...when I was setting up the domain name (which I came up with) and name for the business, we were at his place of employment. He had his laptop so we checked to see if the domain name was available. It was. Before I knew it, he purchased it and said 'don't worry, you can just pay me for it later.' Well now he won't give it back. Looks like a court battle around the corner.
• Philippines
25 Oct 12
oh my G! How long have you been doing business with him?
@bizness (866)
• United States
25 Oct 12
For about a year before I found out what he had been doing. I have since dissolved the partnership but am now having other issues with him. Court, I am afraid, is right around the corner. Thanks for asking.