Oh My Fraud

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

Professor Mike Shaub believes deeply that auditors have a duty to the public because they are Certified Public Accountants, not Certified Profitable Accountants. Caleb and Greg talk with Dr. Shaub about ethics, recent scandals in the accounting profession, whether auditors can be independent and objective, and more. SponsorsTri-Merit - https://ohmyfraud.promo/trimerit 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 Mike Schaub LinkedIn : https://www.linkedin.com/in/michael-shaubhttps://mays.tamu.edu/directory/mshaub/https://maystamuedu.wpenginepowered.com/ethics/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 Referenced Readings : How to Kill a ProfessionElizabeth Holmes and the Perils of SuccessHow To Lose a ProfessionElon Musk and the five fallacies of thinkingBlue Bell story one of accountabilityBarry and MeA return to the dark sideBottom Line EthicsHarambe and Pollyanna

The life of Tejano icon Selena has been chronicled in multiple feature and documentary films. In this episode, Caleb and Greg discuss the story of how her tragic death can be traced back to allegations of embezzlement by the president of her fan club and murderer, Yolanda Saldívar. SponsorsTri-Merit - https://ohmyfraud.promo/trimerit LiveFlow - https://ohmyfraud.promo/liveflow 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: How Yolanda Saldívar's Obsession With Selena Turned Deadly - Biography Dot ComSelena kin testify Saldivar embezzled - UPIYolanda Saldivar - Wikipedia The Selena Etc. Boutique - Wikipedia Police detail standoff after Selena Shooting - Washington PostTejano Music - WikipediaMurder Suspect ‘Obsessed’ With Singer - The Spokesman-ReviewSelena List of Awards - Fandom.comSelena’s Grammy Awards - Recording Academy Grammy AwardsThe Queen is Dead - Texas MonthlySelena Embraced Her Heritage and Embraced Its Evolution in Style - Texas MonthlyWoman Who Murdered Singer Gets a Sentence of Life in Prison - NYT

It seems that fraud is always in the news, but how much fraud is happening that we don’t know about? How could someone even figure that out? Believe it or not, people have tried, and in this episode, Caleb and Greg discuss a recent attempt to quantify how pervasive fraud is in corporate America. SponsorsTri-Merit - https://ohmyfraud.promo/trimerit LiveFlow - https://ohmyfraud.promo/liveflow 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:How pervasive is corporate fraud? [SpringerLink]Just How Common Is Corporate Fraud? [NYT]Sarbanes–Oxley Act [Wikipedia]Market Capitalization [Investopedia]

It’s Paycheck Protection Program Fraud, the sequel! Caleb and Greg explore more PPP fraud in this episode, including a repeat repeat offender, a big conspiracy, funny farm names, and more.  SponsorsTri-Merit - https://ohmyfraud.promo/trimeritLiveFlow - https://ohmyfraud.promo/liveflowSouth 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.comPrevious OMF episode:A Plethora of Pandemic PPP FraudSources:How the Paycheck Protection Program went from good intentions to a huge free-for-all [NPR]Man Awaiting Trial for Covid-19 Bank Fraud Does It Again, Authorities Say [NYT]Scott Township Man Pleads Guilty in $3,8 Million Fraud on the Payroll Protection Program [Justice.gov]Carnegie Man Sentenced to 6½ Years for $3.8 Million Paycheck Protection Program Fraud [Justice.gov]Woman Pleads Guilty for $43.8 Million COVID-19 Relief Fraud Scheme [Justice.gov]Man Convicted for $27 Million PPP Fraud Scheme [Justice.gov]Seminole County Man Extradited From Croatia To Face COVID Relief Fraud Charges [Justice.gov]Extradited Seminole County Man Sentenced To More Than Eight Years In Federal Prison For COVID Relief Fraud [Justice.gov]Hundreds of PPP Loans Went to Fake Farms in Absurd Places [ProPublica]Prosecutors Struggle to Catch Up to a Tidal Wave of Pandemic Fraud [NYT]Two Fintechs Fueled Extensive Pandemic Relief Fraud, House Report Finds [NYT]Kevin Bacon opens up about family losing most of their money in Madoff scheme [Spectrum News]