Stupid Is as Fraud Does
Oh My Fraud20 Nov 2024

Stupid Is as Fraud Does

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

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  • (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
  • (19:38) - Cheltenham, England: A New Debit Card
  • (21:55) - The Mysterious Ladbrokes Deposit
  • (26:14) - The Stolen Debit Card
  • (29:35) - The Bugatti Veyron Incident
  • (38:36) - The Fake Night Deposit Box
  • (48:57) - 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 support@earmarkcpe.com.

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 ohmyfraud@earmarkcpe.com

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]

$1.6 Million Bugatti Veyron Crashes Into Texas Lake [Jalopnik]

Bugatti Veyron Lake Crash-- Original Video- 1st hand account [YouTube]

EXCLUSIVE: Bugatti Lake Crash Owner Buys Replacement $1.5 Million Veyron [Jalopnik]

Trial Of Man Sued For 'Purposefully' Crashing Bugatti Veyron Into Lagoon Mysteriously Postponed [Jalopnik]

Angelina County Man Guilty In Wire Fraud Scheme [DOJ]

Lufkin man gets 1 year prison for false insurance claim in Bugatti case [KTRE]

Man who crashed Bugatti into a lake is headed to federal prison [Houston Chronicle]

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