Stupid Is as Fraud Does

They can’t all be criminal masterminds. Caleb and Greg discuss four stories of fraud gone absurdly wrong.

Sponsors
Forwardly - https://ohmyfraud.promo/forwardly
Tabs - https://ohmyfraud.promo/tabs
Artiffex - https://ohmyfraud.promo/artiffex

• (00:00) - Infinite Stupidity Quotes
• (00:56) - Welcome to Oh My Fraud
• (04:49) - Hialeah, Florida: Fun Facts and Fraud
• (08:29) - Medicare Fraud Case: Ernesto Cruz Graveron
• (21:08) - Cheltenham, England: A New Debit Card
• (23:25) - The Mysterious Ladbrokes Deposit
• (29:16) - The Stolen Debit Card
• (32:37) - The Bugatti Veyron Incident
• (43:09) - The Fake Night Deposit Box
• (53:30) - Lessons Learned and Where to Reach Us

HOW TO EARN FREE CPE

In 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/id1562599728
Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app

Questions? Need help? Email [e-mail].

CONNECT WITH THE HOSTS

Greg Kyte, CPA
Twitter: https://twitter.com/gregkyte
LinkedIn: https://www.linkedin.com/in/gregkyte/

Caleb Newquist
Twitter: https://twitter.com/cnewquist
LinkedIn: https://www.linkedin.com/in/calebnewquist/

Email us at [e-mail]

Sources:
Crime pays for theft victim — BBC

The World’s Dumbest Fraudsters — Journal of Accountancy

Police nab suspect in bank deposit box scam — Tampa Bay Times

Inside the mind of criminals: How to brazenly steal $100 billion from Medicare and Medicaid [CNBC]

NHE Fact Sheet [CMS]

Durable medical equipment (DME) coverage [Medicare.gov]

Alleged Health Care Fraudster Ordered Detained Pending Trial After Being Arrested on a Jet Ski Headed Toward Cuba [DOJ]

Officials: Fraud suspect caught heading to Cuba on Jet Ski [AP]

Bugatti Veyron [Wikipedia]

.css-j9qmi7{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;font-weight:700;margin-bottom:1rem;margin-top:2.8rem;width:100%;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:start;justify-content:start;padding-left:5rem;}@media only screen and (max-width: 599px){.css-j9qmi7{padding-left:0;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;}}.css-j9qmi7 svg{fill:#27292D;}.css-j9qmi7 .eagfbvw0{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;color:#27292D;}