Listen "Ep 21: A Half-Million Dollar Lesson on Fraud"
Episode Synopsis
Many companies small and large end up dealing with fraud at some point, but a family business never expects one of their employees to steal more than a half-million dollars. That's exactly what happened to the Stevenson Company, the metal works company behind many beautiful designs around Topeka and beyond. Owner Joe Pennington opens up about the experience and the hard lessons learned. and get additional resources here: https://tracyjepsonpodcast.com/podcast/ep-21-a-half-million-dollar-lesson-on-fraud/1346/ About our guest: https://www.stevensoncompanyinc.com/contact/meet-the-team What we discuss on this episode: 0:53 – What is the Stevenson Company? 2:40 – How Joe got involved in the company 5:15 – Did you ever expect to own the business? 7:37 – What do you wish you knew earlier? 8:25 – Employee stole a half-million dollars 18:49 – Helping other businesses with fraud. 22:56 – His book 25:26 – Lessons learned about fraud 29:16 – Why his employee was always at work 32:49 – Projects he's proud of 37:55 – Work-life balance 40:52 – Will the family business be passed down? 43:57 – Bonus Content
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