Double Checking Your Accountant May Keep You Out Of Jail

Willie has seen some little flags here and there with the head of his company’s accounting department. From time to time he’d notice his own personal petty cash was just a few dollars short of its documented amount. Another time he noticed he had been billed, and paid for, the same transaction with a vendor twice. Additionally, he noted when a former vendor, a friend of his, called and asked about the unexpected check that ended up in their mail. The vendor reminded Willie they hadn’t done work for them in quite some time and were definitely not late on any payments.

These errors were some time apart, so Willie didn’t take too much notice at first. It was a bit annoying, but he chalked it up to his rapidly growing business.  Initially, they weren’t red flags to him because in his mind, these “little yellow flags” weren’t major issues, just unsettling when he considered them.

However, some time later when he mentioned these items to a former business associate, the response prompted further investigation into the practices of his accounting department. With the right attorney, asking the right questions and reviewing the right documents, Willie was able to find and understand the criminal acts that his accounting exec was committing. Furthermore, he realized that had his company continued to head down their given path, he himself would be criminally liable for many actions taken.

The flags he had once seen as yellow, led to red flags and could have eventually led to jail time. What started out as a simple mistake eventually turned out to be simply white collar crimes.

Let Us Keep You from Jail Time

Finding accounting irregularities can be a small indication that your accountant is currently or likely to consider committing fraud. Hiring the right Fraud Defense Attorney can help prevent a lawsuit or jail time for you. You want an attorney who know what to look for and how to help ensure you aren’t punished for your accountant’s criminal pursuits.

Don’t waste another moment. Contact Morrison Law Firm, LLC (913) 780-6666 to schedule a free consultation. We’ll confidently walk you through your options and help you investigate any area of your business you find suspicion in.