Episode 17: Waste Management

By |July 31st, 2023|

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 than its landfills. 

Episode 16: Yale Med School

By |May 31st, 2023|

Jamie Petrone was in charge of purchasing computer equipment for Yale's school of business. Petrone was making a fortune, until someone noticed she was buying a lot more electronics than the school needed. What was she doing with all those iPads? The feds decided to follow her and find out.

Episode 15: Rollins, Inc.

By |April 30th, 2023|

The largest pest control company in the world, Rollins Inc., was accused of manipulating reserves to boost profits. When Rollins achieved its earnings target by just one penny not once but twice, the SEC smelled a rat.

Episode 14: Contempo

By |March 31st, 2023|

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 thinking. "No one would hire someone as controller if they stole millions of dollars from their previous employers.”  That’s what I used to think, until I heard the story of Peter Suk Lee.

Episode 13: Puda Coal

By |February 28th, 2023|

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 claimed Puda’s board chair had secretly transferred the subsidiary to himself.  Had Puda’s subsidiary literally been stolen? 

Episode 12: Boom Global Media

By |January 31st, 2023|

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 didn’t have to get customers to say “yes”? What if you just sent them a bill? “Don’t be ridiculous,” you’re probably thinking, “companies aren’t going to pay you just because you send them a bill." But hold that thought, as I’ve got a story to tell.

Episode 11: DHB Industries

By |December 31st, 2022|

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. Those vests were used by U.S. soldiers, so Brooks was hailed as an American hero. But, problems with the company’s accounting for inventory was just the tip of the iceberg.

Episode 10: Take-Two Interactive Software

By |March 29th, 2021|

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 the news again. And the company’s founder was right in the middle of it.

Episode 7: Capitol Investments

By |November 5th, 2020|

Nevin Shapiro was living the high life, and people assumed his high-roller lifestyle was funded by his business, Capitol Investments. But Shapiro’s business hadn’t conducted operations in years...

Episode 6: Harvey, Illinois

By |October 5th, 2020|

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 the buildings were never finished. Where had the 14 million gone?

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Why am I giving all this away?!?
Because education changed my life.
I’m an award-winning university professor who came from humble beginnings.  Homeless at the age of seventeen, I dreamed of one day going to college.  I was fortunate to achieve my dream, obtaining my PhD from Washington University in St. Louis and becoming a licensed CPA.  I’m privileged to have a nice home, plenty of food, and an amazing spouse.  Thus, I’ve dedicated my life to making education more accessible and helping others achieve their dreams.

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