panhead
Well-Known Member
Last yr wasn't fantastic , i lost 4 childhood friends in 1 yr & so far 2015 is turning out even worse ,another friend has brain cancer & dont have long now this shit !
Got a Bad News phone call today from my son who just quit his $65k a year job to take over my business , and no its not the pot business he's got a brown thumb , literally , he is taking over managing our rental properties , we own commercial buildings & residential homes in up scale neighborhoods as well as 2 self storage facilities , we also buy foreclosed homes , revamp them & flip them kinda like the tv show shit without the drama , anyhow he's been going thru last yrs books in preparation for tax season & found out an employee has been stealing us blind .
So far he's found nearly $18,000 in bogus charges on the guys company Home Depot credit card for items never used in any of our properties , his company paid Mobile gas card useage is 70% higher than mine & 40% higher than our other 2 full time employees , he also found alot more cash missing from our business account which he as foreman has access to .
So far my son has uncovered over $40,000 in bogus charges , unexplainable gasoline use & unauthorized cash ATM withdrawls from this employee in 2014 alone & he's finding more bogus shit the deeper he digs , normally if somebody ripped me off i'd send some people to collect what they could the old fashioned way but im fuked with this employee , he's my brother in law , my sons uncle & my wifes baby brother who SHE LOVES DEARLY .
He was so slick at blending the scams with regular business our accountant never saw anything wrong , every charge had a PO # referenced to specific addresses so it all looked legit to the accountant , now that my son has taken over the accounting to increase profits shits comming up funky everywhere & it all leads back to my brother in law .
I feel like going over to his home & turning my dogs loose on the scheming fuker & letting the Bulldogs take $40 grand outta his ass instead of calling the cops , if i prosecute him his wife & kids ( I adore my nephews ) are gonna suffer , if send him to jail or if my wife even gets wind of what he's done i fear it will stress her so badly she'll be back in hospital or effect her long term health , my wife is so weak from the Multiple Scleurosis allready she dont need to find out her baby brother has been stealing from her , she's not American & still holds age old beliefs so she'd never be able to forgive him & the stress would tear her up .
I dont know what the hell to do , he's a vital part of the business being that he's a seriously skilled liscensed builder that works his ass off & does top notch work including all our custom wood work & cabinetry , he's like me & holds multiple Journeyman cards , his are for carpentry & plumbing , he's an expert carpet layer & all flooring including tile work , great drywaller & painter as well , if i fire him i cant envision finding another tradesman with his skill set who's willing to work 60 to 70 hours a week for $70,000 a year .
Its a family business where he is the foreman on rebuilds & building repairs & my other brother in law is an electrician & hvac mechanic who covers everything else needing done , we use our nephews for grunt work & clean up & my sons for landscaping so its a tight nit group , other than the theft its a highly profitable business that runs like a well oiled machine where all i have to do is purchase the home & sell the home , rents are paid via direct deposit into our account so i dont even have to do that part .
Firing him or prosecuting him will destroy my family as well as my wife , plus the business will suffer a set back that'll take years to get right & let outsiders into my affairs , im looking for suggestions as to dealing with the situation without destroying my family .
Any serious suggestions will help .
Got a Bad News phone call today from my son who just quit his $65k a year job to take over my business , and no its not the pot business he's got a brown thumb , literally , he is taking over managing our rental properties , we own commercial buildings & residential homes in up scale neighborhoods as well as 2 self storage facilities , we also buy foreclosed homes , revamp them & flip them kinda like the tv show shit without the drama , anyhow he's been going thru last yrs books in preparation for tax season & found out an employee has been stealing us blind .
So far he's found nearly $18,000 in bogus charges on the guys company Home Depot credit card for items never used in any of our properties , his company paid Mobile gas card useage is 70% higher than mine & 40% higher than our other 2 full time employees , he also found alot more cash missing from our business account which he as foreman has access to .
So far my son has uncovered over $40,000 in bogus charges , unexplainable gasoline use & unauthorized cash ATM withdrawls from this employee in 2014 alone & he's finding more bogus shit the deeper he digs , normally if somebody ripped me off i'd send some people to collect what they could the old fashioned way but im fuked with this employee , he's my brother in law , my sons uncle & my wifes baby brother who SHE LOVES DEARLY .
He was so slick at blending the scams with regular business our accountant never saw anything wrong , every charge had a PO # referenced to specific addresses so it all looked legit to the accountant , now that my son has taken over the accounting to increase profits shits comming up funky everywhere & it all leads back to my brother in law .
I feel like going over to his home & turning my dogs loose on the scheming fuker & letting the Bulldogs take $40 grand outta his ass instead of calling the cops , if i prosecute him his wife & kids ( I adore my nephews ) are gonna suffer , if send him to jail or if my wife even gets wind of what he's done i fear it will stress her so badly she'll be back in hospital or effect her long term health , my wife is so weak from the Multiple Scleurosis allready she dont need to find out her baby brother has been stealing from her , she's not American & still holds age old beliefs so she'd never be able to forgive him & the stress would tear her up .
I dont know what the hell to do , he's a vital part of the business being that he's a seriously skilled liscensed builder that works his ass off & does top notch work including all our custom wood work & cabinetry , he's like me & holds multiple Journeyman cards , his are for carpentry & plumbing , he's an expert carpet layer & all flooring including tile work , great drywaller & painter as well , if i fire him i cant envision finding another tradesman with his skill set who's willing to work 60 to 70 hours a week for $70,000 a year .
Its a family business where he is the foreman on rebuilds & building repairs & my other brother in law is an electrician & hvac mechanic who covers everything else needing done , we use our nephews for grunt work & clean up & my sons for landscaping so its a tight nit group , other than the theft its a highly profitable business that runs like a well oiled machine where all i have to do is purchase the home & sell the home , rents are paid via direct deposit into our account so i dont even have to do that part .
Firing him or prosecuting him will destroy my family as well as my wife , plus the business will suffer a set back that'll take years to get right & let outsiders into my affairs , im looking for suggestions as to dealing with the situation without destroying my family .
Any serious suggestions will help .