be skating on thin ice

To be doing something very risky or dangerous that could result in imminent disaster or ruin. I hope you realize that you'll be skating on thin ice if you decide to gamble your employees' retirement funds on such a dodgy investment.

Common Names:

Name	Pronounced	Usage
Abrikosor	[əbri'kɔsɔf]
Andrei	ahn-DRYAY (Russian)	Romanian, Russian, Bulgarian, Old Church Slavic
Beckah	BEK-ə	English
Tancredi	-	Italian
Dushyant	-	Indian, Hindi
Fraser	FRAY-zər, FRAY-zhər	Scottish, English (Rare)