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Oh My Fraud

Caleb Newquist

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"Oh My Fraud" is a podcast where the true crime is shocking, gruesome, heinous, but with way fewer dead bodies. Hosted by Caleb Newquist, each episode explores fraud cases from petty swindles to corporate conspiracies, examining the people involved, their motives, methods, and how they spent the loot before it all came to a spectacular, inevitable end.
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A respected leader of an Australian national search and rescue operation isn’t who he claims to be. Sponsors Routable - http://ohmyfraud.promo/routable Rightworks Rightnow 2025 - https://ohmyfraud.promo/rightnow2025 (use code OMF15 for 15% OFF) (00:00) - - Introduction to Richard Flanagan and John Friedrich (01:30) - - Welcome to Oh My Fraud (07:00…
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In this bonus episode, Caleb and his producer, Zach, discuss the 2009 film The Informant! Directed by Steven Soderbergh and starring Matt Damon, The Informant! is based on the true story of a 90s-era price fixing scheme involving the multinational food processing and commodities trading giant, Archer-Daniels Midland. (00:00) - - Welcome to Oh My Fr…
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"A premiere true American...with integrity in all his pursuits.” Sponsors Routable - http://ohmyfraud.promo/routable Rightworks Rightnow 2025 - https://ohmyfraud.promo/rightnow2025 (use code OMF15 for 15% OFF) (00:00) - Introduction and CPE Credit Information (01:30) - Welcome to Oh My Fraud (02:34) - Listener's Confession (06:15) - The Story of Wi…
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A baseball superstar winds up in the middle of a gambling scandal. Sponsors Routable - http://ohmyfraud.promo/routable Rightworks Rightnow 2025 - https://ohmyfraud.promo/rightnow2025 (use code OMF15 for 15% OFF) (00:00) - Introduction: The Legend of Shohei Ohtani (00:34) - Earn CPE Credit with Earmark (00:54) - Welcome to Oh My Fraud (01:44) - List…
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Jonathan Todd Schwartz was a heavyweight business manager to some of the biggest names in show business. But a crippling gambling addiction led to his embezzlement of millions of dollars from numerous clients, including the singer-songwriter Alanis Morissette. Jonathan tells Caleb about his rise in entertainment, how it all fell apart, and how he h…
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An elite medical school falls victim to an unexceptional scheme Sponsors Routable - http://ohmyfraud.promo/routable Rightworks Rightnow 2025 - https://ohmyfraud.promo/rightnow2025 (use code OMF15 for 15% OFF) Rho - http://ohmyfraud.promo/rho (00:00) - A Suspicious Late Night at Work (00:54) - Welcome to Oh My Fraud (03:50) - Meet Jamie Patron: The …
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A beloved zoo turns into a jungle of financial shenanigans. Sponsors Routable - http://ohmyfraud.promo/routable Rightworks Rightnow 2025 - https://ohmyfraud.promo/rightnow2025 (use code OMF15 for 15% OFF) TeamUp - http://ohmyfraud.promo/teamup (00:00) - The Unexpected Source of Hot Tickets (00:28) - CPE Credits and Podcast Introduction (00:52) - So…
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Miriam Baer argues in her book that U.S. white collar crime statutes are doing a disservice to us all. She gives Caleb and Greg lots of examples of how this is, but before that she also tells the guys about her early law career working in Wilmington, Delaware, her time as a prosecutor in the Southern District of New York, why some frauds get prosec…
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At the beginning of his career, Sam Buell knew that he wanted to be a prosecutor in the Eastern District of New York where all manner of crime—everything from mob hits to human trafficking—was occurring. Caleb and Greg discuss Sam’s eventful career that took him from Whitey Bulger to the Enron case which set on the path to being an scholar on white…
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In this look back at 2024, the guys discuss their episodes, share updates to some stories, and discuss some upcoming changes to the podcast. 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. Regis…
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In this episode recorded live for Moore North America’s member appreciation event, Caleb and Greg discuss the case of a sheriff in southern Indiana who had an unusual take on his duty to “serve and protect” his citizens. Sponsors Forwardly - https://ohmyfraud.promo/forwardly Tabs - https://ohmyfraud.promo/tabs Mercury - https://ohmyfraud.promo/merc…
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University of Virginia historian Justene Hill Edwards gave Caleb and Greg “a strong B” on their podcast episode about Freedman's Savings Bank. Nevertheless, they were eager to learn more about this Reconstruction Era fraud. Dr. Edwards’s new book, “Savings and Trust: The Rise and Betrayal of the Freedman’s Bank” tells the story in rigorous detail, …
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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 an…
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In this special episode, Caleb interviews Greg about a tricky situation he encountered early in his career as an accountant. Sponsors Tabs - https://ohmyfraud.promo/tabs Forwardly - https://ohmyfraud.promo/forwardly Artiffex - https://ohmyfraud.promo/artiffex (00:00) - Welcome to Oh My Fraud (00:37) - Listener Reviews and Ethical Dilemmas (04:26) -…
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In the era of climate change, it isn’t just about saving the planet using sustainable methods of energy, it’s about making a fortune from sustainable methods of energy. In this episode, Caleb and Greg discuss the story of DC Solar, a manufacturer of mobile solar generators. Sponsors Forwardly - https://ohmyfraud.promo/forwardly Tabs - https://ohmyf…
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If you’re one of those cynical people who assumes that multinational corporations are deeply corrupt and only concerned with achieving global domination no matter the cost, then this episode is for you. Caleb and Greg discuss a case of international bribery, the likes of which the world had never seen. Sponsors Tabs - https://ohmyfraud.promo/tabs F…
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Caleb and Greg welcome Kelly Paxton, a former fraud investigator who has worked at both the federal and local level to talk about her career and one of her favorite red collar crime stories. Sponsors SafeSend - https://ohmyfraud.promo/safesend MakersHub - https://ohmyfraud.promo/makershub interVal - https://ohmyfraud.promo/interval (00:00) - Welcom…
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Caleb and Greg discuss the case of a small California city tainted by big corruption. Sponsors SafeSend - https://ohmyfraud.promo/safesend The Small Business Research Institute - https://ohmyfraud.promo/ceanow interVal - https://ohmyfraud.promo/interval (00:00) - Introduction to Bell, California (01:38) - Discussing Salaries in the Accounting Profe…
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If you’re jonesing for some nostalgia, then this is the Oh My Fraud episode for you. Caleb and Greg discuss two stars—an athlete whose fame peaked in the 80s and a singer-songwriter who put out one of the biggest selling albums of the 90s—who helped define their respective decades. Unfortunately, their wild success also made them targets of people …
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What do the Catholic Church and Oh My Fraud have in common? They both regularly feature absent internal controls, important figures abusing their positions of trust, and are run by people who drink wine on the job. In this episode, Caleb and Greg chronicle the story of a high-ranking cardinal who wound up in a convoluted real estate deal. Sponsors …
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Join Caleb and Greg on a twisting saga of an insurance company that began in the late 1950s, rose to spectacular heights in the 1960s, and came crashing down in the 1970s. Sponsors The Small Business Research Institute - https://ohmyfraud.promo/ceanow Bean - https://ohmyfraud.promo/bean (00:00) - With Friends Like These Who Needs Enemies (01:34) - …
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You’ve probably heard of pyramid schemes, but are you confident that you know what it is? And if you are, do you know the difference between them and multi-level marketing companies? Or Ponzi schemes? In this episode, Caleb and Greg discuss all that and more about one of the simplest and most common frauds around. Sponsors MakersHub- https://ohmyfr…
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Legend has it that when asked why he robbed banks, the infamous 20th century bank robber Willie Sutton said, “Because that’s where the money is.” In the 21st century, banks still have the money, but the approach to robbing has changed considerably. Caleb and Greg discuss one such case that features astonishingly deceitful methods. Sponsors MakersHu…
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As a co-teacher of Stanford University’s Introduction to Cybersecurity course, Riana Pfefferkorn regularly had to guide enterprising students away from violating the law. And it was one of those laws, the federal wire fraud statute, that initially caused her to connect with Caleb and Greg. In this conversation, the three of them discuss Jeff Skilli…
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Gambling is often a factor when a person perpetrates a fraud, sometimes to a shocking degree. Caleb and Greg discuss one such case involving a finance professional who went to extraordinary lengths to change his bad luck. Sponsors MakersHub- https://ohmyfraud.promo/makershub RightRev - https://ohmyfraud.promo/rightrev Settle - https://ohmyfraud.pro…
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More than four years after the COVID-19 pandemic began, stories of regular people and their ill-fated schemes to exploit pandemic aid programs continue to emerge. In this episode, Caleb and Greg discuss some of the cases featured in the 2024 COVID-19 Fraud Enforcement Task Force Report. Sponsors G-Accon - https://ohmyfraud.promo/gaccon Keeper - htt…
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Think you’re too smart to be taken in by a fraudster? If so, that may make you an even bigger mark. In this episode, Caleb and Greg speak with psychologists Dan Simons of the University of Illinois Urbana-Champaign and Chris Chabris of the Geisinger Research Institute. Dan and Chris’s new book, “Nobody's Fool: Why We Get Taken In and What We Can Do…
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The US Postal Service has long been the butt of jokes for poor service, but nothing that comes close to this. In this transatlantic episode, Caleb and Greg unpack the story of hundreds of British subpostmasters whose lives were turned upside down when they were falsely accused of stealing from the Post Office. Sponsors G-Accon - https://ohmyfraud.p…
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In many episodes, Greg cites statistics from “A Report to the Nations,” the biennial report on occupational fraud, from the Association of Certified Fraud Examiners. As luck would have it, the most recent edition dropped in 2024, and so naturally, Caleb and Greg took the opportunity to discuss it. HOW TO EARN FREE CPE In less than 10 minutes, you c…
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We all have childhood dreams. Not all of us get to make them come true. In this episode, Caleb and Greg discuss the story of Frederick Darren Berg, who as a boy, developed a fascination with buses, and made them central to multiple ventures in his career. Sponsors Webgility - ohmyfraud.promo/webgility HOW TO EARN FREE CPE In less than 10 minutes, y…
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Whistleblowers are essential to discovering fraud. According to the Association of Certified Fraud Examiners, more than 40 percent of frauds are discovered by a tip or whistleblower. In this episode, Caleb and Greg talk to one for the first time on Oh My Fraud. Anthony Menendez, “The Accountant Who Beat Halliburton,” recounts his saga as a whistleb…
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Everyone dreams of winning the lottery. Some may even fantasize about trying to game the system. But only a very small few actually have the opportunity to tip the odds in their favor. In this episode, Caleb and Greg discuss an audacious scheme to rig the Iowa lottery. HOW TO EARN FREE CPE In less than 10 minutes, you can earn 1 hour of NASBA-appro…
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Chances are, you probably remember a massive fraud from the late 2000s that created a media circus. Just maybe not this one. In this episode, Caleb and Greg delve into a saga of Allen Stanford, the mastermind of a convoluted, multi-decade, multi-billion-dollar Ponzi scheme. Sponsors Airbase - https://ohmyfraud.promo/airbase HOW TO EARN FREE CPE In …
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Hollywood loves a sequel, so Caleb and Greg return with two more stories of celebrities who fell victim to fraud. 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, complet…
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Cleaning dirty money may be as old as money itself. In this episode, Caleb and Greg discuss the history of money laundering, from ancient China to Prohibition to the greatest American political scandal of the 20th century. HOW TO EARN FREE CPE In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this epis…
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During the Reconstruction era, legal, social, and political change was pervasive throughout the United States as it recovered from the Civil War and the end of slavery. In this episode, Caleb and Greg discuss the effort to help newly emancipated people with a service most of us take for granted today—banking. HOW TO EARN FREE CPE In less than 10 mi…
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Caleb and Greg recount their favorite swindles, interviews, and culprits from the year that was Oh My Fraud 2023. 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, complet…
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Public schools are the foundation of American education, and few were better than Roslyn High School in Nassau County, New York. The school’s success was largely due to one man, its ambitious superintendent, Frank Tassone. But when Frank’s key lieutenant is caught up in a scandal, it threatens everything, even Frank. HOW TO EARN FREE CPE In less th…
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A savvy Texas lawyer who’s made a name for himself defending people accused of drunk driving and marijuana possession tries his hand at high-end extradition cases involving Colombian drug lords. What could go wrong? Everything. HOW TO EARN FREE CPE In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this…
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Professor James Park’s new book chronicles the history of securities fraud in the US, and oh, what a history it is, featuring some of the most infamous episodes in American business. In this episode, Caleb and Greg talk with Jim about some of the notable cases in his book, whether executives or underlings actually bear the responsibility for wrongd…
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Who’s the last person you’d suspect of committing fraud? Your grandmother? A good friend? Someone who always seems to be thinking about how they can help others? In this episode, Caleb and Greg discuss a case where someone checks all of those boxes. HOW TO EARN FREE CPE In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE a…
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Certified Public Accountants are some of the most hard working, trustworthy advisors in our society. But you don’t listen to Oh My Fraud to hear about them. In this episode, Caleb and Greg discuss a CPA who used his position as a trusted advisor to swindle millions. HOW TO EARN FREE CPE In less than 10 minutes, you can earn 1 hour of NASBA-approved…
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Sponsors Murder, kidnapping, dismemberment—these are the crimes of many a true crime podcast; just not this true crime podcast. In this episode, Caleb and Greg explore wire fraud, its history, and why it comes up in nearly every case study they discuss. HOW TO EARN FREE CPE In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting C…
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Sponsors Caleb and Greg discuss a beloved oenophile who was shaking up the stuffy world of high-end wine collectors by buying and selling large quantities of sought after bottles. 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 …
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Caleb and Greg talk to one of their fraud podcasting forebears, investigator Chris Marquet. Chris hosted the Fraud Talk podcast in 2014 and 2015, basing the show on discussions of fraud topics with various experts and decades of his professional experience. Sponsors South Carolina Association of CPAs (SCACPA) - https://ohmyfraud.promo/scacpa HOW TO…
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There is no greater affront to American society than the scammed celebrity. In this episode, Caleb and Greg discuss two cases of famous entertainers—singer/songwriter Billy Joel and standup comedian Dane Cook—who were both betrayed and swindled by someone they should’ve been able to trust: their business managers. Sponsors South Carolina Associatio…
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What do you get when you mix a polygamous cult, biofuel, and federal tax credits? Sure, maybe the worst orgy you’ve ever been to, but also: a gigantic fraud. Caleb and Greg discuss all of this and more in this episode. Sponsors South Carolina Association of CPAs (SCACPA) - https://ohmyfraud.promo/scacpa HOW TO EARN FREE CPE In less than 10 minutes,…
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In previous episodes Caleb and Greg have discussed the rampant fraud in the Paycheck Protection Program (PPP). But in this episode, the guys discuss a much less talked about program that was also subject to a lot of pandemic relief fraud: Economic Injury Disaster Loans (EIDL). Sponsors South Carolina Association of CPAs (SCACPA) - https://ohmyfraud…
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Throughout history, men have been driven mad in their search for gold. Much to Caleb and Greg’s surprise, that continued well into the 20th Century. And that madness was perhaps best exemplified by the men behind Bre-X Minerals, and their quest to find an enormous gold deposit on the island of Borneo. Sponsors South Carolina Association of CPAs (SC…
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