
12 episodes

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
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.
-
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.
-
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.
-
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.
-
Episode 8: Interpublic
Interpublic was forced to restate its financials back to 1997. Had the company committed ANOTHER fraud, right after the first one?
-
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...
Customer Reviews
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