John McPherson, a forensic accountant and whistleblower, sheds light on the alarming state of financial fraud today. He discusses the mechanics of Ponzi schemes, spotlighting the infamous Madoff case and the risks of another market crisis. McPherson highlights the plight of elderly victims in fraudulent investment schemes and critiques the exploitative practices of for-profit colleges. He delves into the systemic failures of financial assistance programs and the damaging 'too big to fail' mentality that fosters corporate irresponsibility.