12 episodes

Scheme is a podcast about accounting fraud. Not run-of-the-mill fraud like passing $200 of bad checks, but large-scale frauds involving millions of dollars that ruined people's lives. Each episode discusses how a fraud was carried out, and what we can learn from it. Scheme is created and produced by Michael McLaughlin, an accounting professor and creator of Edspira.

Scheme Michael McLaughlin

    • Business
    • 5.0 • 27 Ratings

Scheme is a podcast about accounting fraud. Not run-of-the-mill fraud like passing $200 of bad checks, but large-scale frauds involving millions of dollars that ruined people's lives. Each episode discusses how a fraud was carried out, and what we can learn from it. Scheme is created and produced by Michael McLaughlin, an accounting professor and creator of Edspira.

    Episode 12: Boom Global Media

    Episode 12: Boom Global Media

    One of the most difficult things about starting a business is getting clients. You need to work hard to get customers to say “yes”. But what if you didn’t have to get customers to say “yes”? What if you just sent them a bill? “Don’t be ridiculous,” you’re probably thinking, “companies aren’t going to pay you just because you send them a bill." But hold that thought, as I’ve got a story to tell.

    • 6 min
    Episode 11: DHB Industries

    Episode 11: DHB Industries

    David Brooks had taken a small company on the verge of bankruptcy and turned it into one of the world’s largest manufacturers of bulletproof vests. Those vests were used by U.S. soldiers, so Brooks was hailed as an American hero. But, problems with the company’s accounting for inventory was just the tip of the iceberg.

    • 27 min
    Episode 10: Take-Two Interactive Software

    Episode 10: Take-Two Interactive Software

    Take-Two Interactive was forced to restate its financials 3 times in a span of just 5 years. Each time you thought it was over, Take-Two ended up in the news again. And the company’s founder was right in the middle of it.

    • 9 min
    Episode 9: Cobalt Multifamily Investors

    Episode 9: Cobalt Multifamily Investors

    The story of Cobalt involves a former associate of the Wolf of Wall Street, and a Ponzi scheme run by a convicted fraudster. Then, Donald Trump got involved.

    • 10 min
    Episode 8: Interpublic

    Episode 8: Interpublic

    Interpublic was forced to restate its financials back to 1997. Had the company committed ANOTHER fraud, right after the first one?

    • 11 min
    Episode 7: Capitol Investments

    Episode 7: Capitol Investments

    Nevin Shapiro was living the high life, and people assumed his high-roller lifestyle was funded by his business, Capitol Investments. But Shapiro’s business hadn’t conducted operations in years...

    • 6 min

Customer Reviews

5.0 out of 5
27 Ratings

27 Ratings

Yas Ali 03 ,

Absolutely incredible

Micheal’s work has always been of the highest quality and caliber — this podcast is no different. So impressed by his ability to dig through intense data and turn his findings into captivating stories

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