Professor James Park’s new book chronicles the history of securities fraud in the US, and oh, what a history it is, featuring some of the most infamous episodes in American business. In this episode, Caleb and Greg talk with Jim about some of the notable cases in his book, whether executives or underlings actually bear the responsibility for wrongdoing, if everything truly is securities fraud and more.HOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH THE GUEST James Park Website: https://law.ucla.edu/faculty/faculty-profiles/james-park LinkedIn: https://www.linkedin.com/in/james-park-a0a7161Buy the book! https://www.amazon.com/Valuation-Treadmill-Securities-Threatens-Integrity/dp/1108940412/ref=sr_1_1?crid=1A9AK5L4Q56XK&keywords=the+valuation+treadmill&qid=1650296004&sprefix=%2Caps%2C90&sr=8-1 CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.com

Who’s the last person you’d suspect of committing fraud? Your grandmother? A good friend? Someone who always seems to be thinking about how they can help others? In this episode, Caleb and Greg discuss a case where someone checks all of those boxes.HOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.com Sources: Viles ‘in a league of her own’ after guilty verdict in $500K theft from town, prosecutor says — Kennebec JournalClaudia Viles, Even After Tax Theft Conviction, Commands Community Favor — Kennebec Journal Morning Sentinel  Property owned by Anson town clerk convicted of embezzlement to be auctioned — Mainebiz.biz Former Anson tax collector to serve five years on theft charges — Portland Press Herald Circumstances that made it easy for Viles to steal not unique to Anson — CentralMaine.comDifference between Tax Collector & Assessor — Orange County Treasurer’s OfficeAbout The Florida Tax Collector — Sarasota County Tax CollectorMunicipal Tax Collectors — Connecticut’s Official State WebsiteTitle 36, §1487: Collection of tax — Maine.gov Anson, Maine — WikipediaClaudia Viles, who will serve five years for embezzlement, vows to clear her name — CentralMaine.comMedian Household Income in Maine — St. Louis Fed

Certified Public Accountants are some of the most hard working, trustworthy advisors in our society. But you don’t listen to Oh My Fraud to hear about them. In this episode, Caleb and Greg discuss a CPA who used his position as a trusted advisor to swindle millions. HOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.comSources:IN THE MATTER OF: DOUGLAS A. RICHARDSON, CPA, LLC; and DOUGLAS A. RICHARDSON | ORDER TO CEASE AND DESIST AND ORDER TO SHOW CAUSE WHYRESTITUTION, CIVIL PENALTIES, AND COSTS SHOULD NOT BE IMPOSED [Missouri Secretary of State] Jury Convicts Lebanon CPA of $7 Million Wire Fraud, Money Laundering Scheme [DOJ]Former Lebanon, Mo. CPA sentenced to prison for Ponzi scheme [KY3]United States v. Douglas Richardson, No. 21-2370 (8th Cir. 2022) [Justia]Pre-Employment Inquiries and Financial Information — US Equal Employment Opportunity CommissionIndictment 

Explore the history of wire fraud, including its connection to the invention of the telegraph. Learn about scams and close calls, the elements of mail and wire fraud, and the infamous investment scam of Reverend Jim Baker. Discover the link between wire fraud and televangelism, and compare wire fraud charges to a useful tool. Plus, don't miss the promotion of the podcast and a sponsor for CPE credits.

SponsorsCaleb and Greg discuss a beloved oenophile who was shaking up the stuffy world of high-end wine collectors by buying and selling large quantities of sought after bottles. HOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.comSources: The great wine fraud - The GuardianSouthern District of New York | Wine Dealer Rudy Kurniawan Convicted In Manhattan Federal Court For Creating And Selling Millions Of Dollars Of Counterfeit Wine | United States Department of Justice - DOJSouthern District of New York | Prominent Wine Dealer Rudy Kurniawan Sentenced In Manhattan Federal Court To 10 Years In Prison For Selling Millions Of Dollars Of Counterfeit Wine - DOJManhattan U.S. Attorney And FBI Assistant Director-In-Charge Announce Charges Against Wine Dealer For Multi-Million Dollar Fraud Schemes - DOJSour Grapes - Documentary Film currently available on PeacockHow Long Can A Wine Be Stored And When Is It Ready To Drink? - rarewineinvest.com History Of The Wine Investment Market - BiBOHow Rudy Kurniawan Fooled the Wine World - Wine EnthusiastThe F.B.I. Has an Art Crime Team. And These Days, It’s Busy - NYTBillionaire Koch brother's crusade against counterfeit wine - CBS NewsIn Vino Duplicitas: The Rise and Fall of a Wine Forger Extraordinaire - Book by Peter Hellman

Caleb and Greg talk to one of their fraud podcasting forebears, investigator Chris Marquet. Chris hosted the Fraud Talk podcast in 2014 and 2015, basing the show on discussions of fraud topics with various experts and decades of his professional experience.Sponsors South Carolina Association of CPAs (SCACPA) - https://ohmyfraud.promo/scacpaHOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.Connect With ChrisLinkedIn: https://www.linkedin.com/in/chris-marquet-4262533Fraud Talk Podcast: https://www.voiceamerica.com/show/2349/fraudtalkConnect With The HostsGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.com

Billy Joel, the legendary singer-songwriter, and Dane Cook, the popular comedian, share their experiences of being betrayed and swindled by their business managers. The podcast explores the negative aspects of fame, reflecting on low-level fame in the accounting profession, discussing Billy Joel's rise in the music industry, and examining Dane Cook's career and reputation. It also delves into a fraud case involving Dane Cook and discusses the financial fraud prevalent in the entertainment industry.

What do you get when you mix a polygamous cult, biofuel, and federal tax credits? Sure, maybe the worst orgy you’ve ever been to, but also: a gigantic fraud. Caleb and Greg discuss all of this and more in this episode.Sponsors South Carolina Association of CPAs (SCACPA) - https://ohmyfraud.promo/scacpaHOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.comSources: Leader of $1 Billion Polygamist Fraud Gets 40 Years in Prison - BloombergA multimillion-dollar biofuel fraud began with a cowboy hat and a slew of seafood, Jacob Kingston testifies - Salt Lake Tribune Jacob Kingston testifies about his polygamous sect and the birth of a multimillion-dollar tax scam - Salt Lake TribuneGirls in polygamous Kingston Group continue to marry as young as 15, records show, sometimes leaving Utah to marry cousins - Salt Lake TribuneFallout from Washakie fraud could cost polygamous Kingston Group members their businesses and homes - Salt Lake TribunePolygamous Kingston Group may have swiped ‘millions’ in student aid, lawsuit says - Salt Lake TribuneFeds move to seize homes and businesses from polygamous Kingston Group as fraud defendants plead guilty - Salt Lake TribuneLos Angeles Businessman, Utah Fuel Plant Operators and Employees Sentenced to Prison for Billion-Dollar Biofuel Tax Fraud Scheme - DOJ Inside “the Order,” One Mormon Cult’s Secret Empire - Rolling Stone What Religion are the Stars of Sister Wives? - In Touch WeeklyThe Latter Day Church of Christ - WikipediaBlood Cult - Southern Poverty Law CenterWashakie Renewable Energy - About.MeDiesel Vehicles Using Biodiesel - Alternative Fuels Data CenterBiodiesel Fuel Basics - Alternative Fuels Data CenterBiodiesel Production and Distribution - Alternative Fuels Data CenterKingston clan: Unlikely whistleblower helps uncover alleged half-billion tax scam by secretive polygamist sect members - CBS News - CBS News

The hosts discuss the fraud in the Economic Injury Disaster Loan Program (EIDL). They share personal experiences with natural disasters and eligibility for disaster loans. The benefits of joining a state CPA society and changes to the EIDL program are discussed. The early days of the pandemic and the myth of 'Florida Man' are also covered.

Throughout history, men have been driven mad in their search for gold. Much to Caleb and Greg’s surprise, that continued well into the 20th Century. And that madness was perhaps best exemplified by the men behind Bre-X Minerals, and their quest to find an enormous gold deposit on the island of Borneo.Sponsors South Carolina Association of CPAs (SCACPA) - https://ohmyfraud.promo/scacpaHOW TO EARN FREE CPEIn less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.comResources: -Bre-X: The real story and scandal that inspired the movie Gold - Calgary Herald-The Bre-X Gold Scandal — Thought Co.-Bre-X — Wikipedia-JPMorgan Chase through it had $1.3 million of nickel, but they were all bags of stones — Business Insider-The Biggest Gold Mining Scandal in History — Gold Avenue-Great Frauds in History: The Bre-X Gold Mining Scandal — Money Week-A Lode of Lies: How Bre-X Fooled Everyone — Washington Post-The $6 Billion Gold Mine that Wasn’t — Slate