The Bethany Group AKA Bethany Management has been in trouble for over 9 months. The company was supposed to be purchased in April of last year and as a corporate employee, we were given false promises of bonuses and great income potential if we supported them and did their criminal acts. I am not asking for sympathy - I just want to see something good come from all the heartache that many have experienced.
As of July/August, the accountants stopped refunding deposits, stopped paying out the account payable checks, and did not send out any of the monies for contract work, including insurance repairs. They were receiving the deposits to send out the monies, but Greg, Jeff and Jason have been living it up and traveling the world. Jeff drives the Bentley and Greg drives a Maybach (worth $450K) & Jason has a beautiful Mercedes also. Please understand they did lay off a few employees, but they have not cut back their excessiveness and are very corrupt. We didn't have a Christmas party and it was the 2nd year in a row that we were not paid any bonuses. You know things are bad when the VP of Finance and the Controller leave within 30 days.
It is a scary situation because all of us as employees have had 4 pay periods delayed and we aren't being given any guarantees that we will get paid on Friday. I guess the reason I am posting is to encourage all parties to do what they need to do to take care of themselves. As an employee, I need to find a job as quickly as possible. As a vendor, you need to file a lien and or lawsuit. As a resident, you need to complain to the Attorney Generals office and know that you won't receive your deposit back because they have already spent it to pay a phone bill or an electric bill. Calling and talking to any person that is still working with the company won't help you because we are in the dark and we have been given instructions to lie and get you off the phone. We have caller ID and we can see who is on the phone & have been given permission not to take your calls.
I don't know how to get the information to the FBI or IRS, but criminal charges should be filed. At least we should get recognized for working in such a hostile environment and being stressed out constantly. Oh wait - Our HR Division is handled by Jeff Silverman's brother. A few of the key principals make Bernard Matoff look like an angel. These gentlemen need to be behind bars for the crimes they have committed and there are plenty of employees that would assist a federal investigation.
I just hope people get smart and get on with their lives & not do any business with this organization.