Is what my boss is doing illegal?

Started working for a company as an accountant. This is a small LLC that only has 18 employees.

First thing I did when starting was going through the finance records.

Took two minutes to immediately spot a ton of problems. Rough estimations look like 20 percent of "business purchases" were just the CEO buying things for his home.

The most glaring one is a 16 Escalade. The name of the company is on the side of the escalade so my boss calls it advertising. We are an outgoing calls sales organization.

I tracked, in just this year alone, several things ticked off as "business expenses." We are talking things like a fridge, two 4k curved monitors, firearms, two Ipads, over 400 dollars at a local sex store, and various other purchases which are clearly just him using the corporate account as his personal party fund.

I am not crazy right? By making these purchases he is effectively abolishing the LLC and opening himself up to legal possibilities should they arise. Correct?

On top of this he is a felon. A theft charge that his parents were unable to get let go back in his youth. Don't ask me how I know or how he ended up the CEO of a multimillion dollar business, I just know. He purchased guns that are "legally owned by the company" and kept in a safe that "only he has access to."

Before anyone says it, I have already accepted a position at another location. This place is so skeevy I am refusing to give a two weeks notice. I am just going to leave.

That being said I have three questions. I mainly want to confirm he is piercing the veil himself here. Using company funds for personal benefit is pretty much nope territory for me so Im out of here soon. He is piercing the veil right?

I also want to confirm that he is violating the law by having those guns in a safe only he has access to correct? I know the guns are legally owned by the company, but he has access to them. So the thing with the guns. Is he illegally in possession of the guns?

Finally, I am looking for ways to protect myself legally for when I report this. I know there is no ironclad guarantee of anything, but just looking for ways to keep my name out of everything.

I am definitely reporting this as this dude is just an ass. Openly berates employees, has offered to have a three way with me and his current GF, has thrown objects at walls putting holes in them. Some of them required other employees to duck.

I have zero qualms about reporting this.

Texas

Written By: MundaneScheme
Source: https://ift.tt/2JPNUtn