My state is New York as is the city.
Hi, I was offered a rather sketchy job. It's to be a president of a company. From what I was told the company is aiming to make it big relatively soon and I would be on stand by until it does. I would get paid a very small monthly salary 400$ a month, but I basically don't do anything at all. Once the company really takes off I was told I could be making 200K a year. Now my question is if I am the president of this company and it should do something illegal or fail or something to that extent, would I be responsible even though I wouldn't oversee day to day operations or even be involved with the company? Where I am only president in name, but not in practice. What ramifications could arise from me being president in this scenario?
Thanks in advance
Hi, I was offered a rather sketchy job. It's to be a president of a company. From what I was told the company is aiming to make it big relatively soon and I would be on stand by until it does. I would get paid a very small monthly salary 400$ a month, but I basically don't do anything at all. Once the company really takes off I was told I could be making 200K a year. Now my question is if I am the president of this company and it should do something illegal or fail or something to that extent, would I be responsible even though I wouldn't oversee day to day operations or even be involved with the company? Where I am only president in name, but not in practice. What ramifications could arise from me being president in this scenario?
Thanks in advance