Download and complete the Attorney General's Office Complaint Form. Bad business partner?Learn about your liability, how to protect yourself and your business, and how to separate from a business relationship gone wrong. Dealing with financial fraud and a potential breach of partnership agreement can be overwhelmingly stressful. I will do my best to help you deal with it. You can initiate proceedings to remove your business partner for breaching her fiduciary duties and misappropriating business funds. If a business partner commits a fraudulent act, they have breached their fiduciary duty and can be subject to legal action. This situation also raises tax issues. Your partner's "theft" may be deductible to you if he is not in a position to make you whole. If your partner is found to be misappropriating funds, their actions may constitute fraud, theft, or embezzlement under the law.
