Let me tell you a little story that another business owner
I know went through .
He had a woman working for him doing AP/AR work . She was
authorized to sign checks and access the bank accounts .
After 8 years , a new accountant discovered that $140,000
was unaccounted for in just the previous 2 years .
When they dug , they found out it was the woman in question .
so he filed charges and had her arrested . Under questioning
her story was that all the checks she wrote for her mortgage , cars
jewelry and vacations were authorized by the Biz owner as gifts and
bonuses to her , because she was having an affair with him ( He's Married )
and that the rest of the money was actually paid out as expenses and
sublet labor to dummy company's . She claimed that it was his idea to
hide money from the state and IRS , and that she was only doing it to
keep her job
In the end he ended up dropping the charges to avoid having
to submit all of his company and personal financial records at a trial , as well
as having to defend himself against the accusation that he was having an
affair with her