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Burned by Solar

1:08:21
 
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Manage episode 446466540 series 2991812
Content provided by Earmark LLC and Caleb Newquist. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Earmark LLC and Caleb Newquist or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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://ohmyfraud.promo/tabs
Practice Protect - https://ohmyfraud.promo/protect


  • (00:00) - Introduction to the Unlikely Innovator
  • (01:00) - Listener Reviews and Reactions
  • (02:16) - Jeff Karpoff's Early Life and Struggles
  • (09:19) - The Birth of DC Solar
  • (12:27) - The Solar Eclipse Generator
  • (13:36) - Hollywood's Interest and Initial Success
  • (25:21) - Cracks in the Business Model
  • (29:30) - The Ponzi Scheme Unveiled
  • (30:58) - Jeff Karpoff's Extravagant Lifestyle
  • (32:47) - NASCAR Sponsorship and DC Solar's Rise
  • (35:18) - The IRS and Investor Scrutiny
  • (36:29) - Bogus Reports and Fake Leases
  • (38:18) - Massive Deals and Manufacturing Issues
  • (39:49) - Fraudulent Practices Unveiled
  • (53:02) - The Whistleblower and Legal Consequences
  • (56:57) - The Aftermath and Loose Ends
  • (58:30) - Lessons Learned and Final Thoughts

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 [email protected].

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 [email protected]

Sources:

  continue reading

100 episodes

Artwork

Burned by Solar

Oh My Fraud

23 subscribers

published

iconShare
 
Manage episode 446466540 series 2991812
Content provided by Earmark LLC and Caleb Newquist. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Earmark LLC and Caleb Newquist or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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://ohmyfraud.promo/tabs
Practice Protect - https://ohmyfraud.promo/protect


  • (00:00) - Introduction to the Unlikely Innovator
  • (01:00) - Listener Reviews and Reactions
  • (02:16) - Jeff Karpoff's Early Life and Struggles
  • (09:19) - The Birth of DC Solar
  • (12:27) - The Solar Eclipse Generator
  • (13:36) - Hollywood's Interest and Initial Success
  • (25:21) - Cracks in the Business Model
  • (29:30) - The Ponzi Scheme Unveiled
  • (30:58) - Jeff Karpoff's Extravagant Lifestyle
  • (32:47) - NASCAR Sponsorship and DC Solar's Rise
  • (35:18) - The IRS and Investor Scrutiny
  • (36:29) - Bogus Reports and Fake Leases
  • (38:18) - Massive Deals and Manufacturing Issues
  • (39:49) - Fraudulent Practices Unveiled
  • (53:02) - The Whistleblower and Legal Consequences
  • (56:57) - The Aftermath and Loose Ends
  • (58:30) - Lessons Learned and Final Thoughts

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 [email protected].

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 [email protected]

Sources:

  continue reading

100 episodes

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