41–50 of 112 posts
If you see fraud and you don't shout fraud, you are a fraud. Document your findings and do what is appropriate. After all, those VCs are managing people's money. They need to know.
Earlier quoted context omitted.
Well this isn't about my job. I didn't mention once the problem was me losing my job or anything.
Good. Then please elanorate if you wsnt; what is it ypu want to achieve with informing someone about the situation?
After you get the raise, go into your cubicle, close email and phone, and start working on your own projects until the moving guys come to take your desk.
Earlier quoted context omitted.
Well this isn't about my job. I didn't mention once the problem was me losing my job or anything.
Good. Then please elanorate if you wsnt; what is it ypu want to achieve with informing someone about the situation?
OP wants to inform investors that they're being defrauded because he sees it as the ethical thing to do - not everything has an ulterior motive. Sounds like he's wondering if there's any possible serious unforeseen repercussions that could befall him if he goes through with it (or doesn't). Losing the job (whether through quitting or getting fired for whistleblowing) is probably a foregone conclusion.
If the company has indeed defrauded its investors, that's between the company leadership and the investors. Unless you're involved directly enough to be potentially liable, this is above your pay grade.
If you think you may have been involved in defrauding the investors, talk to a lawyer. Otherwise, shut your mouth until you've found a new place and then carefully evaluate what you say to whom to minimize the risk of being thrown under the bus.
You'd be horrified if you knew how many companies sell products that don't exist beyond organically evolving powerpoint presentations. It only becomes fraud when the companies fail to deliver and can't meet their obligations and the customers aren't willing to agree to alternative resolutions.
It sounds like your employer is currently not very good at generating sales at all so the only defrauded party would be the investors and that would require knowing what your employer actually contractually agreed to deliver in return for the investment. Unless you're privvy to what's in those contracts, my advice would be to zip it and GTFO.
Earlier quoted context omitted.
Well this isn't about my job. I didn't mention once the problem was me losing my job or anything.
Good. Then please elanorate if you wsnt; what is it ypu want to achieve with informing someone about the situation?
Earlier quoted context omitted.
Good. Then please elanorate if you wsnt; what is it ypu want to achieve with informing someone about the situation?
Maybe avoid criminal liability once the scam is uncovered? Even if you're just a regular employee, if you know about stuff like this and don't report it, you can be considered an accomplice...
This entire post hinges on OP's correct interpretation that their employer is engaging in fraud against investors. This isn't as straightforward as defrauding customers because it's easier to judge fraud in sales because you probably don't know the exact terms agreed to as part of that investment. It's entirely possible the VCs are in on it or will try to kill the messenger rather than admit they didn't see the fraud.