A Langley man will have most of his assets frozen as his former employers sue him for allegedly embezzling $2.4 million over seven years.
Banner Carpets Ltd. is a family-run Vancouver firm that imports and sells carpets and floor coverings. They hired Cou Lai as the company bookkeeper in 2009.
A Jan. 23 ruling by Justice Warren Milman in New Westminster Supreme Court laid out the Banner Carpets allegations that Lai has for years been transferring money and writing cheques from the company to his own accounts.