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Stop contact.

Like others have said you need to get a lawyer pronto.

Direct all communication through you new lawyer, or with your lawyer present.

Some things to discuss with your lawyer:

1.Nature of the investment?

2.What terms did you and the investor agree to in writing?

3.Termination of employment, don’t just fire him w/o talking with your lawyer.

4.His unauthorized hires, purchases.

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