Corporate Law CFO mismanaging money

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lynnieda

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I own a business with 3 other people. We recently discovered that the CFO has been mismanaging our banking account, credit cards, bills, etc. However, everything financially-related is under my name. A collection notice was sent to my home address a few days ago and it turns out the credit card (under my name) has been unpaid for the past 5-6 months. I also went through statements and it looks like he's been using our money for personal use.

What are my options here?

And is there a way to fix my credit?
 
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