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NFT: How would you handle this work search issue? This is unique

Steve L : 3/24/2017 10:23 am
Currently I have a part-time, work from home position and want/need a full time gig. The last full time position I had was about two years ago. My position was eliminated and it was perfectly amicable. My VP is a friend and a reference. The company had a positive reputation in town and has been recognized as the fastest growing company in town as recently as 2014.

Here is the problem:

The three co-founders of the company were indicted on fraud and conspiracy charges yesterday, with the assumption that they essentially embezzled anywhere from $4 - $11 million from 2009-15. I had no idea but this happened while I was there. In interviews I always speak highly of the company and talk about how they gave me the chance to do some innovative things, lead a 14-person team and learn a ton about my field. All of which is very true.

My questions/problem is this: I can't remove the position from my resume because it was six years of progressive growth and doing great work. My old boss was not indicted and not involved in this but is she a credible reference anymore?

How would you guys handle the resume, questions about the company in interviews and my old boss as a reference?

Oy.
You have to keep it on  
BigBlueDownTheShore : 3/24/2017 10:43 am : link
there.

Some people might not know what happened, others might, but will understand people from the company will have no idea.

You have to have your story straight and just practice how to sell it if it is brought up.

DO NOT BRUSH IT ASIDE in an interview. Tackle it head on.
Also have other  
BigBlueDownTheShore : 3/24/2017 10:44 am : link
references to present, besides the old boss that got in trouble.
To add on to this  
Steve L : 3/24/2017 10:50 am : link
I am in the final three for a position now. They are making a decision in the next day or so. Should I call them and address it?
It's not unusual  
Ed in Ann Arbor : 3/24/2017 10:56 am : link
Sadly this is becoming more common. I had it happen to me and so did a friend. As long as you were not indicted or involved, you're fine. The job should be on your resume and use the reference. Don't offer it up in letters or in interviews unless asked, then be completely honest. If your reference is a good one, they will only comment on your performance. If asked they should be honest and say you were not involved. Have a good interview answer about how it's helped you grow professionally.
I wouldn't worry about it  
pjcas18 : 3/24/2017 10:58 am : link
there are scumbags in business everywhere especially the higher up you get, if you weren't named in the legal proceedings and your reference wasn't I don't think it will hurt you.


It's not your fault the owners were ripping  
Section331 : 3/24/2017 11:33 am : link
the company off, and unless your boss was indicted as well, it's not his/her fault either. Your experience there is a vital piece of your work history, and there is no reason any potential employer should use others' malfeasance against you.
Similar thing happened to me about 17 years ago  
NYG27 : 3/24/2017 12:04 pm : link
I was given 50k in stock options to join this internet company, with he promise that they were going to have their IPO in 6 months.

Market crashed and investors started looking closer towards the books and found the CEO spent all of $40 million that was raised from banks and investors. Ultimately, the company was dissolved with no warning and declared bankruptcy, CEO flew overseas and started a new firm.

Afterwords, I had this 2 year gap on my resume where I had to explain what happened on job interviews. Half of them had read or heard what happened and some out of curiosity asked if I knew what was going on? Some had never even heard of this internet startup, so the topic never came up.

My recommendation, hold you head up straight and don't appear to be "ashamed" of working there. Highlight your career path, goals you set and how you accomplished them. If they bring it up, don't back down from their questions and tackle it head on. Best of Luck!
Thanks guys  
Steve L : 3/24/2017 12:16 pm : link
I have decided to not mention it unless brought up and simply tell the truth...I had no clue. Just did my job and did it well. My immediate supervisor was not indicted but I will have other references.

Thank you
Much like in sales: Sometimes if you play a negative right  
montanagiant : 3/24/2017 12:40 pm : link
It can become a positive

Maybe frame yourself as one of the reasons it lasted as long as it did with them dipping in the cash. Emphasize how you were not involved in any of the financial aspects of the company, and it was team mgrs such as yourself that kept the Co in its good rep.

I don't see how this damages you if you weren't one of the ones involved, or in the know of the shady stuff. You were a solid performer who enjoyed the work you were tasked with and was paid on time, so how could anyone paint you with their crap?
I Know People Who Have Faced This Situation, Sort of.....  
Suburbanites : 3/24/2017 12:42 pm : link
I have a hybrid Technology and Energy background and know lots of people who worked for Worldcom, Adelphia, Tyco and Enron. The worst thing you can do is be evasive, during an interview you should get this on and then off the table early. With a strident voice you should enthusiastically share accomplishments, developed skills and business experiences gained at the company and then show compassion for those who didn't have your foresight and were impacted. I'd say something like I feel awful for the direction the company took, I know a lot of good people who were affected. Everyone has empathy for employees victimized by corporate greed, you can easily turn this into a positive in two ways. First you demonstrated good judgment by leaving a company when you witnessed things that troubled you or were inconsistent with your ethics and second you can delicately play the victim card, although be careful not to overplay that one, just let them know how difficult a process it was to make the decision to leave the company but how grateful you are for making the correct decision. Your decision will also mitigate the negatives associated with your employment gap.

Three key things to keep in mind, don't be evasive, don't embellish and regardless of how bad the situation was extol the positives you gained from the experience.
Just tell any interviewers  
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RE: Just tell any interviewers  
Suburbanites : 3/24/2017 1:25 pm : link
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Quote:
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