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Business with cooked books

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Nrg View Drop Down

Joined: 19/March/2017
Location: Australia
Posts: 1
  Quote Nrg Quote  Post ReplyReply Direct Link To This Post Topic: Business with cooked books
    Posted: 19/March/2017 at 14:02
Hi well basically i bought a small business and believe the owner has cooked the books I've contacted him and asked for the turnover and profit margins 6 months prior to me purchasing the business but he keeps brushing me off.
I made alot of mistakes buying the business in the first place trusting the former owner and myself rather than getting a qualified accountant or solicitor to go over everything.
I need to know if i can sue him if the turnover has been fake,and if it's worthwhile or will it be a costly drawn out affair.
Thanks apperceive any advice.

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