EPISODE · Aug 5, 2022 · 1H 6M
Double, Double Oil and Trouble | The Salad Oil Scandal
from Oh My Fraud · host Caleb Newquist
SPONSORSDark Horse CPA https://ohmyfraud.promo/darkhorsecpaREFERENCESWikipedia: Salad Oil Scandal: https://en.wikipedia.org/wiki/Salad_Oil_scandalBest Frauds in History: Tino De Angelis’ salad-oil scam: https://moneyweek.com/investments/investment-strategy/601677/great-frauds-in-history-tino-de-angelis-salad-oil-scandalHow Salad Oil Amost Crashed the U.S. Economy: https://medium.com/@madmedic11671/how-salad-oil-almost-crashed-the-u-s-economy-c3ed3c2cb797The Vanishing Salad Oil: A $100 Million Mystery: https://www.nytimes.com/1964/01/06/archives/the-vanishing-salad-oil-a-100-million-mystery.htmlThe Great Vegetable-Oil Mystery; Scandal, Now One Year Old, Remains a Financial Maze: https://www.nytimes.com/1964/11/15/archives/the-great-vegetableoil-mystery-scandal-now-one-year-old-remains-a.htmlSalad Oil Swindle! https://nymag.com/news/features/scandals/salad-oil-2012-4/Investopedia: Salad Oil Scandal: https://www.investopedia.com/terms/s/saladoilscandal.aspHow The Salad Oil Swindle Of 1963 Nearly Crippled the NYSE: https://www.businessinsider.com/the-great-salad-oil-scandal-of-1963-2013-11TIME: The Man Who Fooled Everybody: https://web.archive.org/web/20071015042003/http://www.time.com/time/magazine/article/0,9171,898315,00.html ACFE 2022 Report to the Nations: https://legacy.acfe.com/report-to-the-nations/2022/ A WORD FROM OUR SPONSORDark Horse CPAs has built a platform-style CPA firm that will transform your practice. It has the technology, resources, staffing, qualified inbound leads, and community that will enable you to spend your time growing your practice, serving clients and doing more of what you love. Learn more at abetterway.cpa________________________________________________________________HOW TO EARN FREE CPEIn 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.Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email [email protected] WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/EMAIL : [email protected]______________________________________Transcript available upon request
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What this episode covers
Oil and water don’t mix, but oil and fraud seem to. Salad oil, that is. Caleb and Greg revisit a story that many may remember from their college accounting courses: the infamous salad oil scandal of the early 1960s.
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Double, Double Oil and Trouble | The Salad Oil Scandal
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