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5/12/2009
Intrigue at TD International - Firm Files Suit Against Former Partner
Intrigue at TD International - Firm Files Suit Against Former Partner
According to the Legal Times blog, Steven Fleischmann is facing charges from his former partners at investigative and risk management consultancy TD International. A lawsuit filed against Fleischmann in U.S. District court this week on behalf of TD International alleges that Fleischmann diverted more than $1 million from the firm by manipulating company invoices.
The complaint states that Fleischmann accomplished his theft via the creation of a shell company called "Tertium Datur International" (the "TD" in TD International), setting up a bank account and even a website for the phony enterprise. By tampering with invoices and instructing clients to pay to the new Tertium Datur accounts Fleishmann was able to divert payments away from TD International projects and into his own pockets.
Again, according to the Legal Times blog, Fleishmann was confronted internally when it was appeared that certain clients hadn't paid their invoices. When Fleishmann's explanations didn't hold up, the impropriety was discovered.
The complaint states that Fleischmann accomplished his theft via the creation of a shell company called "Tertium Datur International" (the "TD" in TD International), setting up a bank account and even a website for the phony enterprise. By tampering with invoices and instructing clients to pay to the new Tertium Datur accounts Fleishmann was able to divert payments away from TD International projects and into his own pockets.
Again, according to the Legal Times blog, Fleishmann was confronted internally when it was appeared that certain clients hadn't paid their invoices. When Fleishmann's explanations didn't hold up, the impropriety was discovered.
TD International is asking that Fleishmann be prevented from accessing any of the funds in the Tertium Datur International account. They are seeking a return of the purloined funds as well as punative dammages.
Fleischmann joined TD International in 2004 after a distenguished career with the International Atomic Energy Commission and the Department of State. After leaving goverment service, Fleishmann served in a senior risk management position with CMS Energy Corp.
Currently, it seems he has some serious explaining to do...
- MDT
Fleischmann joined TD International in 2004 after a distenguished career with the International Atomic Energy Commission and the Department of State. After leaving goverment service, Fleishmann served in a senior risk management position with CMS Energy Corp.
Currently, it seems he has some serious explaining to do...
- MDT
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