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Boss Refused To Pay $70K, So This Employee Walked Away With $1.8 Million

by Layla Bui
December 1, 2025
in Social Issues

In business, sometimes it’s not about the profits you make, but the ones you leave behind. This story involves a young analyst who was tasked with managing a high-risk investment for a tech company owner and instead of just collecting the profits, he ended up taking a stand against the owner’s greed.

What followed was a personal battle that turned into a well-timed revenge strategy, leaving the owner in the dark about just how much money had been made.

This Redditor’s decision to hold onto a $1.8 million gain, after being unfairly denied $70,000, is a sharp reminder that sometimes the biggest paybacks are the ones that go unnoticed.

Keep reading to see how a little dishonesty led to a much larger financial windfall, and why the owner was none the wiser about the massive profit they had overlooked.

Not revealing additional profits to the owner seems like justified revenge but also shady

Boss Refused To Pay $70K, So This Employee Walked Away With $1.8 Million
not the actual photo

'Short me $70,000 in Violation of our Written Agreement? It'll Cost you $1.8 million?'

BACKGROUND: A year out of school in the early-1990's, I procured a job as a business analyst for a large, family-owned tech company.

This business was located in the booming heart of technology at the time and was very profitable.

As tech took off over the next decade, the company thrived and remained family-owned.

What was a rich family and company became exceedingly wealthy with a valuation/net worth in the high 9/low 10-figures.

The family that owned it was quite n__rotic, very moody and had a reputation as very ruthless (greedy)

when it came to financing, deal-making, employees, etc.

I truly believe this is what held them back from ultimately becoming a household name as a company.

As I progressed in the company, I gained more and more face time with the owners.

I worked on some projects directly with ownership that really paid off and gained me even greater access to their inner circle.

Now, like a lot of people at the time and particularly those who worked in tech, I was heavily invested in tech stocks.

I discussed some of my investments and gains with ownership as casual conversation, though investing had nothing to do with my role in the company.

That is until one day in late-1999 when the owner came to me and asked me if I would invest some of his personal money.

He wanted me to take big risks to see if they would pay off using 1 million dollars of his personal money.

I was a bit hesitant, but still being in my late-20's and wanting to prove myself, I said I would.

I asked for a written agreement where they acknowledged this wasn't my role in the company,

was a personal matter between the owner and me, and to document my compensation for this side arrangement (20% of all profits).

Around this same time and by working in the industry I started to notice the weakness associated with a lot of tech companies.

They just weren't living up to their hype and stock price and some seemed like they were starting to run out of money.

I had no inside information, just a strong sense of which companies were struggling based on my work in the business.

Based on this sense I started using both my money and the owners money to short tech companies just after the New Year in 2000.

For anyone unfamiliar with shorting, it means if the value of a stock decreases, the value of the investment increases.

I had a few long positions, but my overall position was very short.

Since the owner wanted big risk and big reward, I used his money and obtained leverage or margin from the financial institution

where I maintained both his and my trading accounts.

The accounts were separate, but both under my name (again, I documented this and gained consent).

Well, both my account and his suffered some moderate losses in the first two months of 2000

before the bubble began to burst and both accounts, but his in particular, began to skyrocket.

OWNERSHIP'S PETTINESS: In June, the company began to suffer a downturn.

We were still profitable, but since we provided tech services and products we were not immune to weakness in the broader market.

I had not informed the owner of my short strategy.

He came to me one day and asked how his money was doing, saying he suspected it was way down like the general market.

To his surprise, I informed him that while we still had some money tied up in options (puts) and shorts,

but based on the positions I had closed, there was $1.35 million in cash sitting in the account that belonged to him.

Again, I still had a bunch of open positions which, if memory serves, were worth about a million on that date,

but the positions I had closed had yielded $1.35 million in cash just sitting in his account (which was in my name).

The owner, either through ignorance or lack of attention, said "Great, $1.35 million. Fantastic work in this down market.

Will you please wire it to me?" I responded that I would, but would be taking my 20% of the $350,000 profit, or $70,000,

before wiring him the $280,000. I also reminded him I still had open positions that had yet to pay off or close, but I didn't state the amount.

He, once again, appeared not to understand or comprehend the open position statement,

but instead totally focused on and became incensed about my rightful claim for $70,000.

He went on and on about how times were tough, I should be grateful for a job, particularly at my young age,

and the entire $350,000 was necessary for him and the company. I knew this wasn't true based on my position within the company.

Worse, this was my first time personally experiencing the greedy and corrupt nature that served as the basis for ownership's reputation.

THE REVENGE: Now comes the revenge. Since, after two separate conversations,

the owner didn't seem to grasp that the open positions would yield at least some income,

and thus additional profit, I decided not to mention it again.

I sent him back the entire $1.35 million and continued to manage the open positions to the best of my ability.

And here's the kicker, the owner never brought it up again.

He seemed to think the $1.35 million payment was the entire value of the account

and never understood or remembered that open positions still existed.

He never asked for records, tax documents or any time of audit or financials.

Given the fact that he was dishonest with me, I didn't feel the need to disabuse him of that notion.

Ultimately, after a bit more net gain, I covered all of the shorts and exercised all of the options (puts in this case) for an additional $1.8 million.

I worked for the company for 3 more years and owner never asked about it during my tenure, after I gave notice, or since.

I know it's a bit crass and even shady af, but given his dishonesty with me over the $70,000, I felt justified in keeping the additional $1.8 million.

I paid taxes on the gain (long term cap gain), and went on my way with a fantastic nest egg.

Nobody has asked about it since and I have only told the story to a few people (and even then only after the statute of limitations passed).

The final ironic cherry on top of this sundae is that during my remaining 3 years,

I gained greater influence with ownership in position within the company

because they considered me loyal for giving the $1.35 million back and not making too much of a stink about the $70,000 profit.

Little did they know I got the better of them. The company eventually folded due to family disputes,

but my understanding is that ownership walked away in very good financial position.

They likely could have been a much better and greater company had they not practised the same dishonesty

that they showed me with their vendors, clients and employees. Thanks for reading and hope you enjoyed.

EDIT 1: Thank you for the awards. I appreciate them all.

DISCLAIMER: The names and some of the situations have been changed to protect the identities,

but the dollars and general nature of the situation is completely true.

Betrayal cuts deep when it comes from someone you trusted, especially in business. The core emotion here is that of broken trust and unfairness.

The person invested time, skill and risk; when the employer refused to honor a written agreement for profit sharing, the breach felt personal. That betrayal wasn’t just financial, it was emotional, tapping into frustration, disillusionment and a sense of lost loyalty.

Psychological research on betrayal trauma shows that being deceived by someone you rely on can trigger serious distress, ranging from anger and grief to long‑term trust issues and even symptoms resembling PTSD.

The emotional wound runs deeper than simple upset: it shakes the foundations of safety, fairness, and predictability. Feelings like resentment, anger, and distrust aren’t just reactions; they can morph into long‑lasting patterns of hypervigilance and cynicism. IMPACT Psychological Services

From a social dynamics standpoint, the principle of reciprocity, a foundational norm in human relationships, helps explain why the betrayal felt so meaningful. Reciprocity isn’t just about exchanging favors; it’s about mutual trust and ensuring fairness in economic or interpersonal exchanges.

When one side breaks that unspoken contract, resentment builds. In this story, the employer accepted the investment and risk, and by refusing to pay the agreed 20% profit share, violated the reciprocity norm. That violation undermined not just the deal but the personal trust and sense of fairness.

So when the person later profited, using the same arrangements, with open positions that the employer overlooked, the decision to keep the gains becomes more understandable in light of betrayal.

It wasn’t just about money owed. It was about restoring balance to a relationship built on broken promises. The act wasn’t framed as vengeance; rather, it reflects a measured response: when trust is lost, and accountability denied, fairness must be reclaimed elsewhere.

This scenario reveals an uncomfortable truth about business relationships: agreements can be honored in writing but disregarded in practice, and the emotional cost of that betrayal can outweigh the financial amount. When a trust‑based agreement is violated, the injured party may feel compelled to reclaim what’s rightfully theirs financially and ethically.

Take a look at the comments from fellow users:

This group advised OP to take down the post due to potential legal risks and consequences

[Reddit User] − I personally wouldn’t post this no matter the time being passed. Why bother risking a loop hole just for Reddit clout

Afraid-Pomegranate88 − If this story is true you should take this post tf down because I imagine on the off chance you're caught it will be a shitstorm

Nyxsis − ITT: lots of tomorrow's lawyers with specific knowledge about a 20 year old case.

These commenters debated the moral and legal aspects, with some saying it was gray area and others emphasizing personal responsibility

FireWireBestWire − Is it shady? I mean, it's seems shady in general to have a money manager that isn't officially licensed or whatever,

but you guys were consenting adults with an agreement.

If I understand it correctly, the current account value was $1.35M, and that's what you gave him.

Perhaps had there been a real dispute over the $70,000 he would have forwarded the records to a real financial professional,

who would explain to him the other potential gains.

But he was happy with the current account value, and it seems like he was in a cash-strapped position personally.

I'm always surprised at people who demand loyalty like this - like,

you're trying to explain to him how much more he could make, and he just won't hear it.

Sir_Kevlar − A lot of people here seem to be concerned with the legality of all this,

which seems strange as firstly the law changes from state to state and country to country (i am based in UK).

Also a lot of time has passed and the law has doubtless changed many times since all this transpired.

Legally I don't know where you stand; to be honest, I don't believe anyone, even a lawyer, could determine the legality without a lot more details.

This for me is a moral issue and as far as I am concerned, I will behave in a morally appropriate way as long as anyone else does.

If, however, they breach any moral code with me, then I will consider that a revision of the working parameters of our relationship

and will behave towards them in the same (albeit morally bankrupt) manner.

In other words, I believe in behaving morally, but i also believe in reciprocation when it comes to relationships.

They broke the moral code first, all you did was do to them what they did to you. Enjoy the money and feel no guilt :)

MistraloysiusMithrax − A lot of people are talking about civil/criminal liability but missing the big picture: crazy owner broke contract first.

For all we know OP lawyered up at some point and is well aware of what they were allowed to get away with.

Owner wasn’t even totally screwed over, they made 35% profit on their initial investment by screwing OP out of OP’s own commission.

It’s much more gray than people seem to be reading.

This group called out OP for being morally challenged and possibly crossing ethical lines

bunnyslope − You had a written agreement and you didn't demand that all parties stick to the agreement?!?

Sorry, IMO you are just as morally challenged as your ex-employer.

GeologistPositive − This isn't a case of malicious compliance. None of this story was even any part compliance.

It was lying by omission, and taking money you rightfully knew was not yours but forgotten by the rightful owner. ESH.

But hey, at least $1.8 million is a sizeable chunk to risk things over. Not like people who risk fraud charges over a few hundred dollars.

Go big or go home. Edit: some spelling. Currently on mobile.

These commenters labeled OP’s actions as theft and advised keeping quiet about the situation

b0dyr0ck2006 − Doesn’t matter how you look at it, it’s theft. Well done for walking away with a win but don’t tell anyone

MrSquigglee − Excuse my confusion but one of your previous posts says that you were 39 about a year ago which puts you at 40 in 2021.

Now you’re saying that in 1999 you were in your late 20s which would put you in the 26-29 range.

Add 22 years and by today you should be in the 48-51 range.

I’m starting to feel a little lied to OP

This group acknowledged that startups and businesses often suffer from exploiting workers, even if OP’s actions weren’t entirely ethical

rex_swiss − This is how we know the 2020 Presidential election wasn’t stolen.

At least one of the hundreds of people required to make it happen would have posted about it on Reddit by now. ..

diphrael − Startups and even established businesses taking advantage of quality workers costs them so much in the long run. Oh well, their loss.

Do you think the analyst was justified, or did he go too far? Should the owner have been more honest, or is this all just part of the game? Share your thoughts below!

Layla Bui

Layla Bui

Hi, I’m Layla Bui. I’m a lifestyle and culture writer for Daily Highlight. Living in Los Angeles gives me endless energy and stories to share. I believe words have the power to question the world around us. Through my writing, I explore themes of wellness, belonging, and social pressure, the quiet struggles that shape so many of our lives.

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