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My name is Larry *******. I'm an employee here at *************. I was chatting with a friend about starting an chemical company LLC. I recently developed a fertilizer thanks to his willingness to team me up with his growers. Problem is, he has a felony for identity theft, forgery and mortgage fraud. Although I will go and, eventually, seek an attorney for legal advice, I was wondering if you had any suggestions as to anyway I could do business with my friend? I'm already running into issues with potential investors and their knowledge of his past. I don't want to kick the guy to the curb and say "Thanks for the connect buddy...BYE!!". Any suggestions? Sincerely, Larry ******* JA: What state is this in? And can you tell me a little more about the charge? Customer: Sorry for the delay. Boss was standing over me :/ It happend in Upland, CA. Here is a link to the article summary: ******************/ JA: Has anything been filed or reported? Customer: I'm sorry I don't understand. In terms of his charge? Yes JA: Anything else you want the lawyer to know before I connect you? Customer: No, that's it. Ok thanks ;)
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I am sorry to hear about this situation. Please tell me:
1) What state is this in?
2) Will your business need any kind of LICENSE? If so, which?
No problem at all, my pleasure.
Well the state will want all persons who hold a financial and otherwise interest. So silent or not, he'd have to be included on the paperwork. Excluding him while he IS a partner would be fraud, and the state can level criminal charges later for this. So this is not recommended.
YES, he can include a cover letter explaining what happened, affidavits from friends/family, etc. This will help enlarge chances of pushing such an application through.
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Yes, but he would still hold interest in the company, meaning he'd have to be disclosed if the paperwork asks for all parties who hold interest in the company.