We Lost $50,000 to Someone We Trusted for 20 Years

In this eye-opening episode of Business Fumbles, Sheila Williams and her co-host sit down with a guest who shares the painful story of losing more than $50,000 in an alleged real estate investment scam orchestrated by someone she had trusted for over 20 years.

What began as a promising business opportunity quickly unraveled into questionable funding, missing documentation, conflicting police reports, and mounting debt. As the guest investigated further—with the help of public records, AI tools, and professional guidance—she uncovered a series of alarming red flags that every entrepreneur should know.

In this episode, you'll learn:

• The dangers of doing business based solely on trust
• Why every partnership needs written contracts
• Red flags to watch for before investing
• The importance of bookkeeping, receipts, and legal documentation
• How public records and AI can help verify business claims
• Why flashy social media success isn't always what it seems
• Lessons every entrepreneur can apply before making their next investment

If you're an entrepreneur, investor, or small business owner, this conversation could help you avoid a costly mistake.

📚 Business Fumbles is about learning from real business mistakes so others don't have to repeat them.

Like, subscribe, and share this episode with someone who is thinking about starting a business or investing with a partner.