The second part of this fraud story involving Bielinski Brothers Builders Inc. touches on the more personal side of the fraud. The brothers were defrauded by their CEO, Robert Brownell, who was responsible for a total loss of between $10 million and $20 million.
The brothers had a gut feeling that something was wrong. They noticed that Brownell’s office door was closed more often. Other employees also signaled that there were problems with Brownell.
Brownell, an employee who was with the company for almost 10 years had betrayed their trust. They considered him to be more than just an employee; he was also a friend.
How do the owners begin to trust employees again? Can they afford not to? They still have a business to operate, and at that company’s size, it would be impossible not to have people in positions of trust. On the bright side, this situation has seemed to re-inspire the brothers and remind them why they’re in business.
Full text of the story here.
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