PODCAST

Oh My Fraud

Greg Kyte & Caleb Newquist

"Oh My Fraud" is an irreverent podcast from CPA/comedian Greg Kyte and blogger/former CPA Caleb Newquist. The two come together to unpack their favorite frauds and explore the circumstances, psychology, and interpersonal dynamics involved. They also fully indulge in victim-blaming the defrauded widows, orphans, infirm and feeble-minded—because who can resist? If you fancy yourself a trusted advisor—or prefer your true crime with spreadsheets instead of corpses—listen to this show to learn what to watch out for to keep your clients, your firm, and even yourself safe.

NFT's...WTF?
Mar 23 2022
NFT's...WTF?
SOURCES NFTs, explained [The Verge] Bored Ape Yacht Club NFT theft shows the ease of hacking crypto [Protocol] Non-fungible tokens [Ethereum] Beeple’s Opus [Christie’s] Icebreakers With...Bloomberg Columnist Matt Levine [Morning Brew] Bored Ape Yacht Club: What you need to know about the NFT collection [CNET] NFT hack sees collector lose $2.2 million of ‘Bored Ape’ pictures [Independent UK] Man Upset That Hackers Stole His Bored Ape NFTs [Vice] Fake Banksy NFT sold through artist's website for £244k [BBC] Investors Spent Millions on ‘Evolved Apes’ NFTs. Then They Got Scammed. [Vice] Booming NFT art market plagued by 'mind-blowing' fraud [Thomson Reuters] DeFi ‘Rug Pull’ Scams Pulled In $2.8B This Year: Chainalysis [CoinDesk] How NFTs became a $40bn market in 2021 [FT]A WORD FROM OUR SPONSORThank you to our sponsor, Avalara. Avalara’s award-winning tax automation solutions help accounting practitioners and businesses of all sizes simplify sales tax compliance and with real-time rates, automated returns filing, and more.In October 2021 IDC MarketScape named Avalara a Leader in tax automation in three categories (small and midsize business, enterprise, and VAT).  If you’re considering tax automation, check out the independent IDC evaluations at more about Avalara for Accountants and you’ll get a free gift: meet with an expert to explore how Avalara can help your accounting practice grow, and you’ll receive a $50 gift card. Contact Avalara at Accountants@Avalara.com, and mention the code  “Fraud”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: Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: NewquistTwitter:
The Devil Made Me Do It (So I Could Pay for Bible School)
Mar 9 2022
The Devil Made Me Do It (So I Could Pay for Bible School)
REFERENCES Ex-Firefighter Pleads Guilty to Embezzlement — Richmond County Daily Journal to the Nations: 2020 Global Study on Occupational Fraud and Abuse — ACFE Charged With Stealing $300K From N.C. Dept — firehouse.com Murderer, Manipulator, or Do-Gooder? The Many Sides of James Rupard — Emiliano Morrone WORD FROM OUR SPONSORThank you to our sponsor, Avalara. Avalara’s award-winning tax automation solutions help accounting practitioners and businesses of all sizes simplify sales tax compliance and with real-time rates, automated returns filing, and more.In October 2021 IDC MarketScape named Avalara a Leader in tax automation in three categories (small and midsize business, enterprise, and VAT).  If you’re considering tax automation, check out the independent IDC evaluations at more about Avalara for Accountants and you’ll get a free gift: meet with an expert to explore how Avalara can help your accounting practice grow, and you’ll receive a $50 gift card. Contact Avalara at Accountants@Avalara.com, and mention the code  “Fraud”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: Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: NewquistTwitter:
With Great Check Writing Power Comes Great Responsibility
Feb 23 2022
With Great Check Writing Power Comes Great Responsibility
REFERENCESLessons from an $8 million fraud — Journal of Accountancy to the Nations 2020 — ACFE Mueller’s LinkedIn profile — LinkedIn 2013 Marquet Report on Embezzlement — Chris Marquet gets 8 years for $8.5 million ING fraud [MST] Prairie Man Sentenced to 97 Months for Defrauding His Employer [FBI] WORD FROM OUR SPONSORThank you to our sponsor, Avalara. Avalara’s award-winning tax automation solutions help accounting practitioners and businesses of all sizes simplify sales tax compliance and with real-time rates, automated returns filing, and more.In October 2021 IDC MarketScape named Avalara a Leader in tax automation in three categories (small and midsize business, enterprise, and VAT).  If you’re considering tax automation, check out the independent IDC evaluations at more about Avalara for Accountants and you’ll get a free gift: meet with an expert to explore how Avalara can help your accounting practice grow, and you’ll receive a $50 gift card. Contact Avalara at Accountants@Avalara.com, and mention the code  “Fraud”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: Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: NewquistTwitter:
Don't Look a Fraud Horse in the Mouth
Feb 8 2022
Don't Look a Fraud Horse in the Mouth
REFERENCESAll the Queen’s Horses Documentary — Kelly Richmond Pope  learned from shocking municipal fraud cases — CPA Insider press release — indictment quiet hero — Fraud Magazine sentencing press release Crundwell and the Dixon Embezzlement - Chicago Magazine Crundwell stole $54 million then returned to the scene of the crime - WGN one of the biggest swindlers in American history built a horse breeding empire - LA Times WORD FROM OUR SPONSORThank you to our sponsor, Avalara. Avalara’s award-winning tax automation solutions help accounting practitioners and businesses of all sizes simplify sales tax compliance and with real-time rates, automated returns filing, and more.In October 2021 IDC MarketScape named Avalara a Leader in tax automation in three categories (small and midsize business, enterprise, and VAT).  If you’re considering tax automation, check out the independent IDC evaluations at more about Avalara for Accountants and you’ll get a free gift: meet with an expert to explore how Avalara can help your accounting practice grow, and you’ll receive a $50 gift card. Contact Avalara at Accountants@Avalara.com, and mention the code  “Fraud”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: Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: NewquistTwitter:
Friends With Mutual Benefits
Jan 25 2022
Friends With Mutual Benefits
REFERENCESCNBC’s American Greed Episode: “Friends Without Benefits”  MBC’s Wikipedia:  Viatical Settlements:  U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 18698 / May 6, 2004 2020 ACFE Report to the Nations:  UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDACASE NO. 04-60573-CIV-MORENO/SIMONTON Florida Mastermind of $1 billion-plus swindle sentenced …  frauds in history: Joel Steinger and the Mutual Benefits Corporation Mutual Benefits Corporation Head Sentenced To 20 Years In Prison For His Role In $1 Billion MBC Scheme WORD FROM OUR SPONSORThank you to our sponsor, Avalara. Avalara’s award-winning tax automation solutions help accounting practitioners and businesses of all sizes simplify sales tax compliance and with real-time rates, automated returns filing, and more.In October 2021 IDC MarketScape named Avalara a Leader in tax automation in three categories (small and midsize business, enterprise, and VAT).  If you’re considering tax automation, check out the independent IDC evaluations at more about Avalara for Accountants and you’ll get a free gift: meet with an expert to explore how Avalara can help your accounting practice grow, and you’ll receive a $50 gift card. Contact Avalara at Accountants@Avalara.com, and mention the code  “Fraud”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: Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: NewquistTwitter: