Thank you for your response.
Personal criminal liability could attach to the owner of a corporation who was found to have committed criminal acts. Really, the things you have mentioned above seem tenuous at best for breach of contract claims, much less criminal actions. It does not sound like what he has alleged according to you would rise to the level of anything the DA would want to even touch as it seems more like some type of contractual squabble and he is using them to try to bully you to settle and pay him money.
Business investments, as you know, are risk propositions where risk is borne by the owners/shareholders. If your agreement did not promise him full return on any investments and his expenditures were his investments into the corporation, if he has no evidence of actual fraud or theft by you, then personal criminal liability would not attach to you.
You will not need a criminal attorney at this point, if as you said you can document everything in this matter. As I said, it sounds from what you are saying is that he is posturing.
From the information you disclosed above, it seems like there is no real evidence of theft or fraud, it sounds like he just thinks he should get all of his investment money back. If all of the money was properly spent by the company, then you or your relatives would not have criminal liability here. Just make sure your company attorney has all of your documentation so he can head this off and it is not likely any DA would touch this contractual dispute unless they actually prove you personally or one of your relatives personally took this money from the company.
I truly aim to please you as a customer, but please keep in mind that I do not know what you already know or don't know, or with what you need help, unless you tell me. Please consider that I am answering the question or question that is posed in your posting based upon my reading of your post and sometimes misunderstandings can occur. If I did not answer the question you thought you were asking, please respond with the specific question you wanted answered.
Kindly remember the ONLY WAY experts receive any credit at all for spending time with customers is if you click on OK, GOOD or EXCELLENT SERVICE even though you have made a deposit or are a subscription customer. YOU MUST COMPLETE THE RATING FOR THE EXPERT TO RECEIVE ANY CREDIT, if not the site keeps your money on deposit.
Also remember, sometimes the law does not support what we want it to support, but that is not the fault of the person answering the question, so please be courteous.
This is NOT the practice of law nor is it legal advice to you, it is merely educational information for you to use to seek out a licensed attorney in your state to get actual legal advice from them. Please use sites such as http://www.martindale.com or http://www.lexmundi.com or http://www.hg.org to find a local attorney to get actual legal advice in all matters.