Scheme
Detajet e Kanalit
Scheme
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...
Episode të Fundit
17 episode
Episode 17: Waste Management
In the 1990’s, Waste Management was the largest garbage company in the world. But Waste Management had a dirty secret. Its accounting was nastier th...
Episode 16: Yale Med School
Jamie Petrone was in charge of purchasing computer equipment for Yale's school of business. Petrone was making a fortune, until someone noticed she w...
Episode 15: Rollins, Inc.
The largest pest control company in the world, Rollins Inc., was accused of manipulating reserves to boost profits. When Rollins achieved its earning...
Episode 14: Contempo
Finding a good controller isn’t easy. You probably don't want someone who embezzled money from their last two employers. “What?!?” you’re probably t...
Episode 13: Puda Coal
Puda Coal raised over $100 million from U.S. investors. But suddenly there was a problem: did Puda actually own the subsidiary Shanxi Coal? Someone...
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 di...
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. T...
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...
Episode 9: Cobalt Family 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 in...
Episode 8: Interpublic Group
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 bu...
Episode 6: Harvey, Illinois
Satish Gabhawala convinced the city of Harvey to raise $14 million from bond issuances to construct a hotel and 24-hour diner. However, 5 years later...
Episode 5: Equity Funding Corporation
Equity Funding Corporation of America reported strong growth for nearly a decade, culminating in a record profit in 1973. But just a few weeks later t...
Episode 4: American Bank Note Holographics
Just 6 months after American Bank Note Holographics' IPO, the company said it needed to restate its financials…A company that had been created to prev...
Episode 3: Electronic Game Card
Electronic Game Card had created an innovative new product. Sales were growing and the company was profitable. But there was something not quite rig...
Episode 2: Adelphia Communications
In March of 2002, Adelphia was the 6th largest cable TV provider in the U.S. But then the company made one tiny financial disclosure…and within 3 mon...
Episode 1: Homex
In 2013, Homex was the largest real estate development company in Mexico. But just one year later Homex was bankrupt, and under investigation by the...