It took years for Ted to build up his business.
He personally hired everyone in the company.
From the factory floor to upper management.
And he had a good relationship with everyone.
So when the pandemic hit and orders dried up, he worried about having to lay everyone off.
He had to do something. Anything.
So, Ted gave everyone a huge check to help them through the downturn.
Ted became a media darling for his generosity.
But when they tried to cash the checks, the checks bounced.
Ted had cleaned out the company’s bank accounts and fled to New Zealand.