A California business manager pleaded guilty to embezzlement on Jan. 18. The former partner at Sherman Oaks-based GSO Business Management was sued last year by one of his clients, singer Alanis Morissette. In a plea agreement, the manager admitted that he had embezzled $4.8 million from Morissette, over $1 million from another client and $737,500 from yet another client.
According to news sources, three former tribal leaders were indicted in California on 69 counts alleging that they embezzled $6 million in funds belonging to their tribe. The federal grand jury returned the indictment on Jan. 5.
You're a young entrepreneur, and it's true that you got caught up in some things you shouldn't have. Even though you weren't the person committing fraud, you're still facing federal charges for claims that you were responsible. How can your case be handled, and what might happen in court?