Oh My Fraud
Earmark LLC
"Oh My Fraud" is an irreverent podcast from CPA/comedian Greg Kyte and blogger/former CPA Caleb Newquist.
- 49 minutes 34 secondsIT Headhunting with the Enemy
A woman caring for her ailing mother is drawn into a North Korean scheme to infiltrate American companies.
Sponsors
UNC - http://accountingpodcast.promo/unc
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CEDownload the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email [email protected].
CONNECT WITH CALEB
11 February 2026, 10:00 am - 42 minutes 59 secondsLeasing Peter to Pay Paul
In the 1970s, two lifelong friends set out to disrupt the computer leasing industry.
Sponsors
UNC - http://ohmyfraud.promo/uncTake our survey: https://forms.gle/mRrR7FPCZs8eWnog8
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CEDownload the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email [email protected].
CONNECT WITH CALEB
LinkedIn: https://www.linkedin.com/in/calebnewquist/
Sources:
- O.P.M. BANKRUPTCY: QUESTIONS ABOUND [NYT]
- The Bubble Bursts Following O.P.M.'s Overnight Success [Washington Post]
- GUILTY PLEAS IN O.P.M. FRAUD CASE [NYT]
- TWO GET PRISON IN COMPUTER CASE [NYT]
- SEC News Digest, January 11, 1983 [SEC]
- ETHICS AND THE LAW: A CASE HISTORY [NYT Magazine]
- S.E.C. FILES SUIT AGAINST FOX & CO. [NYT]
28 January 2026, 10:00 am - 48 minutes 10 secondsYou’re Once, Twice, Three Times a Fraudster
A real estate developer serving time for fraud gets a second chance.
Sponsors
Routable - http://ohmyfraud.promo/routable
UNC - http://ohmyfraud.promo/unc
- (00:00) - Eli Weinstein is Pardoned
- (01:41) - Podcast Announcements and Reviews
- (08:01) - Lakewood Township and Weinstein's Background
- (09:14) - Weinstein's Real Estate Fraud
- (11:09) - Legal Troubles and Indictments
- (16:13) - Weinstein's Sentencing and Clemency
- (22:34) - The Complexity of Executive Clemency
- (24:11) - Weinstein's New Fraud Scheme
- (25:32) - The Optimus Investments Scam
- (30:02) - Unraveling the Fraud
- (35:30) - The Downfall and Legal Consequences
- (40:39) - Reflections on Clemency and Fraud
- (47:09) - Final Thoughts and Credits
Take our survey: https://forms.gle/mRrR7FPCZs8eWnog8
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CEDownload the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email [email protected].
CONNECT WITH CALEB
LinkedIn: https://www.linkedin.com/in/calebnewquist/Sources:
- Statement from the Press Secretary Regarding Executive Grants of Clemency [WH]
- Lakewood Township, New Jersey [Wikipedia]
- Eli Weinstein’s Second Chances [Bloomberg]
- Leader of $200 Million Real Estate Investment Scam Arrested for Fraud [FBI]
- Leader of $200 million real estate investment scam charged in 45-count indictment with fraud and money laundering [DOJ]
- US v. ELIYAHU WEINSTEIN [DOJ]
- Leader Of Multi-Million Dollar Real Estate Fraud Scheme Pleads Guilty To Fraud And Money Laundering [DOJ]
- Leader of Massive Real Estate Fraud Scheme Sentenced to 22 Years in Prison for Fraud and Money Laundering [DOJ]
- Convicted Ponzi Schemer Eliyahu Weinstein Arraigned on New Charges [FBI]
- Convicted Ponzi Schemer Eliyahu Weinstein Sentenced To Additional 24 Months In Prison On New Fraud And Money Laundering Charges [DOJ]
- The Road to Clemency From Trump Was Closed to Most Who Sought It [NYT]
- Access, Influence and Pardons: How a Set of Allies Shaped Trump’s Choices [NYT]
- A Ponzi Schemer Freed by Trump Strikes Again [Bloomberg Originals]
- Convicted Ponzi Schemer and Alleged Conspirator Indicted for Multimillion-Dollar Fraud Scheme and Obstruction of Justice [DOJ]
- US v. ELIYAHU (“ELI”) WEINSTEIN, a/k/a “Mike Konig,” and ARYEH (“ARI”) BROMBERG [DOJ]
- Ponzi Schemer Who Got Trump Clemency Convicted in New Fraud Case [Bloomberg]
- Convicted Ponzi Schemer and Co-Conspirator Sentenced to 37 Years and 12 Years for $44 Million Fraud Scheme, Money Laundering, False Statements, and Obstruction of Justice [DOJ]
- A Fraudster Pardoned by Trump Gets 37 Years for Running Ponzi Scheme [NYT]
- About the Task Force [DOJ]
- FINANCIAL FRAUD ENFORCEMENT TASK FORCE ANNOUNCES REGIONAL RESULTS OF “OPERATION BROKEN TRUST” TARGETING INVESTMENT FRAUD [DOJ]
- Establishment of the Financial Fraud Enforcement Task Force [Executive Order 13519 / Federal Register]
- President Trump Issues Executive Order to Establish Task Force on Market Integrity and Consumer Fraud [Center for Financial Stability]
14 January 2026, 10:00 am - 55 minutes 6 secondsThe Oh My Fraud 2025 Recap
Caleb and Zach discuss the past year in Oh My Fraud.
Sponsors
Routable - http://ohmyfraud.promo/routable
ACFE - http://ohmyfraud.promo/acfe
NAEA - http://ohmyfraud.promo/naea
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CEDownload the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email [email protected].
CONNECT WITH CALEB
LinkedIn: https://www.linkedin.com/in/calebnewquist/
Sources:- Columbus zoo seeks foreclosure of former executives' homes to pay restitution in fraud case [The Columbus Dispatch]
- TV drama on gambling scandal surrounding Shohei Ohtani’s ex-interpreter in development [The Athletic]
- SEC Walks Away From Ozy Media, Stanford Fraud Cases [Law360]
- US podcaster who helped convict ‘Queen of the Con’ disappointed at short sentence [The Guardian]
31 December 2025, 10:00 am - 3 minutes 12 secondsDo You Want More Oh My Fraud?
In this short episode, Caleb lays out a few ideas for what an Oh My Fraud Patreon could look like — including ad-free episodes and bonus content — and asks one simple question: would you subscribe?
Before anything launches, Caleb and Zach want to gauge listener interest. If you’ve got 10 seconds, take the quick survey linked in the show notes and let us know.
Take a quick 3 question survey: https://forms.gle/8Wyz8v7DTJ5JFaYJ7Or email us at [email protected]
30 December 2025, 8:00 pm - 1 hour 9 minutesOMF at the Movies: The Accountant
David Leary of The Accounting Podcast joins Caleb and Zach to discuss the 2016 hit action movie, The Accountant, starring Ben Affleck.
Sponsors
Routable - http://ohmyfraud.promo/routable
ACFE - http://ohmyfraud.promo/acfe
NAEA - http://ohmyfraud.promo/naea
- (00:00) - The Accountant Bonus Episode
- (04:26) - Overview of 'The Accountant' Movie
- (06:12) - First Accounting Scene: Tax Advice
- (09:39) - Forensic Accounting at Living Robotics
- (15:27) - Uncovering the Fraud
- (21:17) - Mercenaries and Action Scenes
- (30:18) - Money Laundering and Art as Assets
- (39:04) - The Final Confrontation
- (40:44) - The Movie's Conclusion
- (45:11) - The Fraud Triangle Explained
- (52:25) - Forensic Auditing and AI
- (01:02:22) - Movie Review and Final Thoughts
- (01:07:17) - Outro
CPE Course on Earmark
https://earmark.app/c/2422Download the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email [email protected].
CONNECT WITH CALEB
17 December 2025, 10:00 am - 36 minutes 19 secondsDivine Yen, Devilish Fraud
A serial fraudster attracts a devoted following when he invents a currency.
Sponsors
Routable - http://ohmyfraud.promo/routable
ACFE - http://ohmyfraud.promo/acfe
NAEA - http://ohmyfraud.promo/naea
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CEDownload the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email [email protected].
CONNECT WITH CALEB
Twitter: https://twitter.com/cnewquist
LinkedIn: https://www.linkedin.com/in/calebnewquist/
Sources:- 58 crypto wallets have made millions on Trump’s meme coin. 764,000 have lost money, data shows [CNBC]
- Pyramid Schemes: How to Lose Friends and Alienate Money [OMF]
- Chairman arrested in Japan 'scam' [BBC]
- Japanese man arrested over 1.4-bn-dlr investment scam [Sydney Morning Herald]
- Arrests made in what could be biggest investment scam in Japanese history [The Guardian]
- Japan to Indict Suspected Swindler Nami in $2.5 Billion Fraud [Bloomberg via Archive]
- Sexy female reporters mobilized to cover L&G chairman [Japan Today]
- Japanese businessman arrested in investment scam [Asia News Network via Wayback Machine]
- Bedding supplier chief given 18 years for investment fraud [Japan Weekly Monitor]
- Sir Frauds a Lot | The Case of Stanford Financial Group [OMF]
3 December 2025, 10:00 am - 29 minutes 59 secondsA Long Time Ago, in a Fraud Far, Far Away
Two tales of corruption and deceit from the ancient world.
Sponsors
Routable - http://ohmyfraud.promo/routable
ACFE - http://ohmyfraud.promo/acfe
Assembly - http://ohmyfraud.promo/assembly
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CEDownload the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email [email protected].
CONNECT WITH CALEB
Twitter: https://twitter.com/cnewquist
LinkedIn: https://www.linkedin.com/in/calebnewquist/Sources:
- Year of the Five Emperors [Wikipedia]
- Pertinax [Wikipedia]
- Didius Julianus [Wikipedia]
- Demosthenes, Against Zenothemis [Scaife Viewer]
- A MODERN INSTANCE OF ZENOTHEMIS V. DEMON [Michigan Law Review]
- Bottomry and Dumb-ass Fraud: Demosthenes 32 - Against Zenothemis [Ancient Classics via YouTube]
19 November 2025, 10:00 am - 1 hour 4 minutesFraud Against the Machine
Two stories of people attempting to swindle Big Tech.
Sponsors
Routable - http://ohmyfraud.promo/routable
Assembly - http://ohmyfraud.promo/assembly
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CEDownload the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email [email protected].
CONNECT WITH CALEB
Twitter: https://twitter.com/cnewquist
LinkedIn: https://www.linkedin.com/in/calebnewquist/Sources:
- Verified pro-Nazi X accounts flourish under Elon Musk [NBC]
- U.S. v. Evaldas Rimasauskas [SDNY]
- Lithuanian Man Extradited For Theft Of Over $100 Million In Fraudulent Business Email Compromise Scheme Against Multinational Internet Companies [DOJ]
- Man Pleads Guilty To Phishing Scheme That Fleeced Facebook, Google Of $100 Million [NPR]
- Lithuanian Man Pleads Guilty To Wire Fraud For Theft Of Over $100 Million In Fraudulent Business Email Compromise Scheme [DOJ]
- Leader of Fraud Ring Sentenced [FBI]
- North Carolina Musician Charged With Music Streaming Fraud Aided By Artificial Intelligence [DOJ]
- US v. Michael Smith [SDNY]
- Spotify Paid Over $4.5 Billion to Music Publishers Over the Last Two Years, So Why Are Songwriters Struggling? [Variety]
- A Billion Streams and No Fans [Wired]
- Owner And Two Managers Of Health Care Practice Agree To Pay $900,000 To Resolve Allegations Of Medically Unnecessary Testing [DOJ]
5 November 2025, 10:00 am - 1 hour 25 minutesMeet the Professor Who Blew the Whistle on Stock Options Backdating
Over the course of Erik Lie’s career, seemingly small decisions have transformed into defining moments. Everything from leaving his native Norway to study at the University of Oregon, to a squash partner’s nudge that he pursue a career as a finance professor. But it was his choice of a research topic—executive compensation—that led to the most significant moment of all: uncovering one of the most explosive corporate scandals of the 21st century.
Sponsors
Routable - http://ohmyfraud.promo/routable
Bluebook - http://ohmyfraud.promo/bluebookBuy Erik's New Book
https://www.amazon.com/gp/product/B0DV4BLF8J?tag=randohouseinc7986-20
Connect with Erik Lie
https://eriklie.com/
https://www.linkedin.com/in/erik-lie-627a7351Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CEDownload the app:
Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email [email protected].
CONNECT WITH CALEB
Twitter: https://twitter.com/cnewquist
LinkedIn: https://www.linkedin.com/in/calebnewquist/Sources:
- On the Timing of CEO Stock Option Awards [Management Science]
- Does backdating explain the stock price pattern around executive stock option grants? [Journal of Financial Economics]
- He's Making Hay As CEOs Squirm [BusinessWeek via Wayback Machine]
- Erik Lie [Time 100 via Wayback Machine]
- Backdating Scandal Ends With a Whimper [NYT]
- Erik Lie [Iowa Tippie College of Business]
- Catching Cheats | Everyday Forensics to Unmask Business Fraud [Berret-Koehler]
- Meet the Fraud Professor: Daniel J. Taylor of The Wharton School [OMF]
22 October 2025, 9:00 am - 54 minutes 51 secondsThe Belgian Waffle
A scrappy Flemish speech recognition company tries to put its hometown on the global tech map.
Sponsors
Routable - http://ohmyfraud.promo/routable
Bluebook - http://ohmyfraud.promo/bluebook- (00:00) - A Pie to the Face
- (01:00) - Welcome to Oh My Fraud
- (06:00) - Welcome to Flanders, Belgium
- (07:30) - Meet the Founders: Jo Lernout and Pol Hauspie
- (09:30) - The Dream of Voice Recognition
- (15:12) - Going Public in a Crowded Market
- (17:42) - Creating the Flanders Language Valley
- (21:42) - Gaston Bastiaens and His Wine Cellar Wager
- (26:23) - Microsoft's $45 Million Investment
- (29:23) - The Philosophy of Pie Throwing
- (30:53) - Explosive Growth and Suspicious Numbers
- (32:53) - Dragon Systems and Dictaphone Acquisitions
- (35:23) - The Korean Revenue Mystery
- (38:23) - Wall Street Journal Starts Digging
- (42:18) - "I Lied About Everything"
- (43:48) - The Resignation and Bankruptcy
- (47:48) - The SEC Reveals the Fraud
- (49:48) - Criminal Convictions and Symbolic Justice
- (50:48) - Lessons Learned: Fake It Till You Make It
- (52:18) - What Happened to the Technology
- (53:48) - Closing Thoughts
HOW TO EARN FREE CPEIn less than 10 minutes, you can earn 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/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appCONNECT WITH CALEB
LinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at [email protected]
Sources:
- How Hype Hurt Lernout & Hauspie [Bloomberg via Wayback Machine]
- How High-Tech Dream Shattered In Scandal at Lernout & Hauspie [WSJ]
- Lernout & Hauspie Speech Products: Financing From Start-up through IPO [INSEAD, Herwig Langohr, Benoit Leleux, Danny Lein, July 2000, accessed on Sept. 16, 2025]
- Lernout & Hauspie Speech Products: The Question [INSEAD, Arnoud De Meyer, Bart Pycke, January 1998, accessed on Sept. 16, 2025]
- Quarterdeck Office Systems [Wikipedia]
- Patent Is Won By Quarterdeck [NYT]
- Internet Hype Gives New Life to Quarterdeck Stock [LAT]
- Gaston Bastiaens [Apple.Fandom]
- Today in Apple history: Apple exec bets his wine cellar on Newton [CultofMac]
- Will Microsoft's Stake in Lernout & Hauspie Drive Growth in Speech? [Speech Technology Magazine]
- In Brussels, Gates Takes a Pie in the Face [Reuters via Wayback Machine]
- Bill Gates Being Hit in the Face With a Pie (1998) [YouTube]
- Noël Godin [Wikipedia]
- He Plasters Paris’ Elite With Cream Pies [LAT]
- Bernard-Henri Levy Pied again in Belgium [YouTube]
- FM Interviews: Noël Godin [First Monday]
- Lernout & Hauspie Shares Drop Amid Puzzling Revenue Results [WSJ]
- Lernout & Hauspie Surges In Korea, Raising Questions [WSJ]
- Lernout's Bastiaens Will Step Down From CEO Post at Software Concern [WSJ]
- Lernout to Refile Financial Reports; Co-Founders Resign as Chairmen [WSJ]
- Lernout Files for Bankruptcy Protection, Says Cash at South Korean Unit Is Missing [WSJ]
- The Talk of Flanders Has Most Speechless [AP]
- Lernout & Hauspie Speech Products, N.V., Litigation Release No. 17782, Accounting and Auditing Enforcement Release No. 1648, October 10, 2002 [Securities and Exchange Commission]
- Lernout & Hauspie Speech Products, N.V., Litigation Release No. 18014, March 4, 2003 [Securities and Exchange Commission]
- Lernout & Hauspie Founders Guilty in Fraud [WSJ]
- Goldman Sachs and the $580 Million Black Hole [NYT]
8 October 2025, 9:00 am - More Episodes? Get the App