Friends With Mutual Benefits | The Mother of All Florida Ponzi Schemes

SPONSORSAvalara https://ohmyfraud.promo/avalaraHOW 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]’s American Greed Episode: “Friends Without Benefits” https://www.cnbc.com/video/2015/10/19/american-greed-friends-without-benefits.html MBC’s Wikipedia: https://en.wikipedia.org/wiki/Mutual_Benefits_Corporation Viatical Settlements: https://en.wikipedia.org/wiki/Viatical_settlement U.S. SECURITIES AND EXCHANGE COMMISSION Litigation Release No. 18698 / May 6, 2004https://www.sec.gov/litigation/litreleases/lr18698.htm 2020 ACFE Report to the Nations: https://www.acfe.com/report-to-the-nations/2020/ UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDACASE NO. 04-60573-CIV-MORENO/SIMONTON https://www.sec.gov/litigation/complaints/comp19274.pdfSouth Florida Mastermind of $1 billion-plus swindle sentenced … https://www.miamiherald.com/news/local/community/miami-dade/article1984194.htmlGreat frauds in history: Joel Steinger and the Mutual Benefits Corporationhttps://moneyweek.com/519573/great-frauds-in-history-joel-steinger-and-the-mutual-benefits-corporationFormer Mutual Benefits Corporation Head Sentenced To 20 Years In Prison For His Role In $1 Billion MBC Schemehttps://www.justice.gov/usao-sdfl/pr/former-mutual-benefits-corporation-head-sentenced-20-years-prison-his-role-1-billionA WORD FROM OUR SPONSORThank you to our sponsor, Avalara. Avalara’s award-winning tax automation solutions help accounting practitioners and businesses of all sizes simplify sales tax compliance and with real-time rates, automated returns filing, and more.In October 2021 IDC MarketScape named Avalara a Leader in tax automation in three categories (small and midsize business, enterprise, and VAT).  If you’re considering tax automation, check out the independent IDC evaluations at http://OMF.show/avalaraLearn more about Avalara for Accountants and you’ll get a free gift: meet with an expert to explore how Avalara can help your accounting practice grow, and you’ll receive a $50 gift card. Contact Avalara at [email protected], and mention the code  “Fraud”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.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/