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Trusted and Betrayed

The True Story of How a Lifelong Friend Bled Our Business Dry from a Distance — And Why You Should Trust the Numbers, Not the Story

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Trusted and Betrayed

By: Diane Corley
Narrated by: Susan Wegmann
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Summary

He was the last person we'd ever have thought to check. For twenty-five years, Dale was more than a business partner — he was a friend we trusted the way you trust family. So when my husband and I poured the savings from two long careers into a business and handed him the keys, it never occurred to us to build a single safeguard underneath that trust.

It cost us about $1.2 million.

Not through a dramatic heist — through price tags, unpaid invoices, and a lawsuit he hid in a drawer while smiling at us over the phone. By the time we understood what was happening, our life savings were gone and we were selling at a loss just to get free.

Trusted and Betrayed is the true, unflinching account of how a trusted partner can quietly take apart everything you've built from hundreds of miles away — and, just as important, how to stop it.

Woven through the story are the safeguards we never had:

  • The five ordinary controls every remote owner hands someone without realizing it
  • The warning signs we dismissed for two years — and how to read them early
  • How to separate a bad partner from the assets they can hold hostage
  • A clear, step-by-step plan for anyone who suspects they're already in the middle of it.

Trusting people isn't the mistake. Letting trust do a job only a system can do — that's the mistake. This is the book we wish someone had handed us before we ever signed a thing.

If you own a business, run one from a distance, or are about to trust someone with something you've spent your life building, listen to this first.

©2026 Diane Corley (P)2026 Diane Corley
Business Business Development & Entrepreneurship Business Ethics Entrepreneurship Professionals & Academics Workplace & Organisational Behaviour
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