Fraud in the Office

In this episode of Fraud in the Office, we break down “CashDash”—The 5-minute Fraud Loop, a $2.5 million fraud scheme that exploited DoorDash from the inside out. How many cheeseburgers would that be...probably filets? A former employee, armed with insider knowledge and stolen credentials, manipulated internal processes to trigger fraudulent payouts, turning a convenience platform into a cash machine. We unpack: Most importantly, we translate this real-world case into practical controls, from access governance to process configuration, to transaction monitoring that organizations can implement to prevent becoming the next headline. Because sometimes, fraud doesn’t hack the system… it uses it exactly as poorly designed. Support the show Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

In this episode of Fraud in the Office, Matthew and Mark break down a headline-grabbing case tied to the world of Miss Universe, but quickly uncover a much more familiar fraud story beneath the surface. The ex-husband of former Miss Universe Australia is facing over 100 fraud charges after allegedly misappropriating nearly $500,000 from his employer while serving in a finance leadership role. The scheme? Unauthorized transfers paired with falsified ledger entries to conceal the activity. This episode dives into how access, trust, and weak controls can collide, even in a short time frame, to create the perfect conditions for fraud. From lifestyle-driven spending to breakdowns in segregation of duties and oversight, the hosts explore how this case reflects common fraud patterns seen across organizations of all sizes. Because at the end of the day, this isn’t about headlines or celebrity connections, it’s about what happens when the ledgers stop telling the truth. Support the show Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

In this episode of Fraud in the Office, Matthew and Mark break down the alleged multibillion-dollar fraud involving First Brands founder Patrick James and his brother Edward James, dubbed the “Fraud Bros.” Prosecutors claim the executives used fake invoices, double- and triple-pledged collateral, off-balance-sheet financing, and manipulated financial statements to obtain billions from lenders before the company ultimately collapsed into bankruptcy. The hosts unpack how aggressive growth strategies, weak internal controls, and governance failures can turn financial engineering into outright fraud. Along the way, they explore the warning signs lenders and auditors often miss and discuss practical lessons organizations can use to strengthen controls, improve oversight, and reduce the risk of large-scale corporate fraud. Support the show Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

In this episode of Fraud in the Office, Matthew and Mark unpack the bribery case involving McKinsey & Company Africa and the broader implications under the Foreign Corrupt Practices Act (FCPA). They explore how third-party relationships, governance breakdowns, and control failures can expose even the most sophisticated organizations to corruption risk. The conversation also touches on evolving pressures within the consulting industry, including AI-driven disruption, and the critical role of ethics, compliance, and oversight. As always, the hosts highlight practical lessons on strengthening controls, managing third-party risk, and protecting organizational integrity. Support the show Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

In this episode of Fraud in the Office, Matthew Rekers and Mark break down a staggering $197 million Medicare fraud scheme involving a former NFL player, a reminder that fraud can hide behind fame, familiarity, and trust. The hosts explore how vulnerable seniors and veterans were targeted through overseas call centers, telemedicine abuse, and falsified medical orders, turning Medicare into a profit machine. As Super Bowl weekend approaches, the episode draws parallels between star power, blind trust, and how weak controls allow massive fraud to scale. The conversation highlights critical gaps in government oversight, the growing risks facing the elderly, and why families play a vital role in fraud prevention. The episode closes with practical, real-world takeaways to help listeners recognize warning signs, protect loved ones, and understand how better controls could stop these schemes before they start. Support the show Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

In this episode of Fraud in the Office, Matthew and Mark unpack the shocking embezzlement case involving Christopher Butler, the former CEO of The Painted Turtle—a nonprofit camp for critically ill children co-founded by Paul Newman. The hosts break down how more than $5 million was allegedly stolen over several years, examining the control failures that allowed the fraud to go undetected. They discuss why strong financial controls, proper segregation of duties, and active oversight are critical in nonprofit organizations, and how lapses in governance can have devastating consequences—especially when vulnerable populations are involved. This episode is a sobering reminder that even the most mission-driven organizations are not immune to fraud without the right safeguards in place. Support the show Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

In this episode of Fraud in the Office, Matthew and Mark, aka the Fraud Bros, examine a major SNAP fraud case involving millions in stolen food assistance benefits. They break down how food stamp trafficking works, why outdated EBT technology makes programs vulnerable, and how weak oversight allows organized fraud to thrive. The conversation highlights the need for modernization, accountability, and smarter controls to protect both taxpayers and those who rely on critical government assistance. Support the show Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

In this week's episode, Matthew and Mark dive into a shocking wave of new fraud stories that all hit the headlines this week—and every one of them exposes the same weak points: identity, responsibility, and accountability. We break down the latest GAO report revealing massive vulnerabilities in Obamacare Marketplace plans—fake identities getting approved, stolen Social Security numbers used in dozens of applications, brokers making unauthorized changes, and taxpayers footing the bill for millions in bogus subsidies. Then we travel to Minnesota, where Medicaid and COVID-era relief fraud has surged past the $1 billion mark, with new cases showing how nonprofits, brokers, and even ghost companies exploited programs designed to help real families. And yes… in case you missed it, Taylor Swift and Travis Kelce just announced their upcoming wedding. The tabloids call it the love story of the decade—but the Fraud Bros ask: “Is it romance… or the greatest marketing campaign ever conceived?” As always, we connect the thread: fraud happens wherever identity is weak and accountability is missing—whether in healthcare systems, government programs, or even corporate operations. Identity management, internal controls, and segregation of duties aren't just audit words… they’re the guardrails that keep taxpayer dollars, patient data, and entire programs from going off the rails. Support the show Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

In Season 3, Episode 4 of Fraud in the Office, the Fraud Bros break down the unbelievable story of two MIT-educated brothers who allegedly executed a $25M crypto heist in just 12 seconds. This first-of-its-kind scheme exposed critical weaknesses in the blockchain ecosystem, challenged assumptions about crypto security, and showed how intelligence, opportunity, and access can be exploited at lightning speed. In this episode, we unpack: 95% entertainment. 5% fraud prevention. 100% wild. Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

In this episode, the hosts delve into a shocking insider trading scandal involving the NBA, where organized crime intersects with professional basketball. They discuss the details of the schemes, the players involved, and the motivations behind such risky behavior. The conversation highlights the implications of integrity in sports and the legal challenges faced by those implicated in the fraud. In this conversation, Mark and Matthew delve into the intricate world of insider trading, gambling schemes, and the implications of cheating in professional sports. They explore the mechanics of poker cheating, the role of the mafia in enforcing debts, and the challenges of preventing fraud in gambling. The discussion also touches on regulatory measures and the integrity of professional sports, particularly in the context of the NBA and its investigations. Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

Two stars. Two scandals. One theme: misplaced trust. This week, the Fraud Bros unpack how Taylor Swift’s ex-manager and Shohei Ohtani’s interpreter remind us that fraud doesn’t care about fame — only opportunity. And always, 95% entertainment, 5% prevention. Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

In this episode of 'Fraud in the Office', hosts Matthew and Mark Rekers discuss the return of the podcast, the format, and the inspiration behind it. They delve into the scandal surrounding influencer Chiara Ferragni and the fraudulent practices linked to her charity cake sales, highlighting the issues of trust and transparency in influencer marketing. The conversation emphasizes the need for accountability in social media promotions and the implications of losing trust in influencers. The episode concludes with a discussion on the importance of consumer education and the necessity for transparency in charitable contributions. Find us on all streaming platforms! Check out our sponsor 1Trooper on LinkedIn @1Trooper And don’t forget to subscribe!

Welcome to FRAUD IN THE OFFICE –a true fraud podcast. I’m Matthew Rekers alongside the Hairless Bald Eagle, Jeff Hare, and the charming and available voice of reason Kacey V. How do ordinary people steal extraordinary amounts of money from big companies? Tune into FRAUD IN THE OFFICE and discover the WHO, THE HOW, and THE WHAT NOW. This week’s episode Negative ROI. The Rhino Onward International (ROI) scandal involves a $46 million renewable energy swindle centered around false promises in the green hydrogen industry. Launched in 2022, ROI, led by Paul Croft and J.D. Frost, claimed it would build a green hydrogen plant worth $530 million. They attracted $31 million from over 200 investors, many of whom were their accounting and tax advisory clients, believing in the legitimacy of their venture. Hence the title Negative ROI and one could say Frost froze those investors assets. Find us on all streaming platforms! Check out ERP Risk Advisors on LinkedIn @ERPRiskAdvisors And don’t forget to subscribe!

Welcome to FRAUD IN THE OFFICE –a true fraud podcast. I’m Matthew Rekers alongside the Bold Bald Eagle, Jeff Hare, with no hair and the much-needed voice of reason Kacey V. How do ordinary people steal extraordinary amounts of money from big companies? Tune into FRAUD IN THE OFFICE and discover the WHO, THE HOW, and THE WHAT NOW. This week’s episode Big Cat Phishing. This week we are going to talk about the #1 Cyber Attack reported by the FBI in 2023 and that is Phishing/Spoofing. According to the FBI's Internet Crime Complaint Center (IC3) report for 2023, phishing and spoofing emerged as the top cyber threat, accounting for 39% of the 758,000+ complaints filed throughout the year. Shockingly, all these incidents resulted in total losses exceeding $12.5 billion.* Given these staggering statistics, it's crucial for organizations to assess their susceptibility to such attacks. Guest star: Victory Technologies, Victor Dennis Victory Technology - Proactive Managed IT Services - Knoxville, TN Find us on all streaming platforms! Check out ERP Risk Advisors on LinkedIn @ERPRiskAdvisors And don’t forget to subscribe!

Welcome to FRAUD IN THE OFFICE –a true fraud podcast. I’m Matthew Rekers alongside the truly heroic Ironman 2, Jeff Hare with no hair, and the oh so charming, voice of reason Kacey V. How do ordinary people steal extraordinary amounts of money from big companies? Tune into FRAUD IN THE OFFICE and discover the WHO, THE HOW, and THE WHAT NOW. This week’s episode Deepfake Out. AI turned against us reminds me of Terminator. Machines take over and wipe out the humans. Well, this is less violent, but still AI was used to impersonate visually a CFO to request $25 million be transferred to the fraudsters using deepfake technology in a video conference call. Sound unbelievable, it just happened a couple months ago. Find us on all streaming platforms! Check out ERP Risk Advisors on LinkedIn @ERPRiskAdvisors And don’t forget to subscribe!

Welcome to FRAUD IN THE OFFICE –a true fraud podcast. I’m Matthew Rekers alongside the truly heroic Ironman 2, Jeff Hare with no hair, and the oh so charming, voice of reason Kacey V. How do ordinary people steal extraordinary amounts of money from big companies? Tune into FRAUD IN THE OFFICE and discover the WHO, THE HOW, and THE WHAT NOW. This week’s episode A Bit Conned. Last season we explored the FTX bankruptcy of the major crypto currency exchange. This story of Ray Trapani and Centra Tech is even more unbelievable because he scammed $32 million from investors and ultimately got away with it. The Netflix show Bitconned is almost con itself since Ray laughs at how he becomes famous lying, cheating, stealing, and ratting out his partner to get away with the scam. This kid boasts that he has always wanted to be a criminal and rich. #Bitcoin Find us on all streaming platforms! Check out ERP Risk Advisors on LinkedIn @ERPRiskAdvisors And don’t forget to subscribe!

Welcome to FRAUD IN THE OFFICE –a true fraud podcast. I’m Matthew Rekers alongside the Ironman 2, Jeff Hare, and the voice of reason Kacey V. How do ordinary people steal extraordinary amounts of money from big companies? Tune into FRAUD IN THE OFFICE and discover the WHO, THE HOW, and THE WHAT NOW. This week’s episode Better Call Conn. One might call Social Security the biggest scam, but Eric Conn found a way to hit SSA with the largest Social Security scam to the tune of half a billion dollars. A real Saul Goodman, maybe the character they based Better Call Saul off of? Find us on all streaming platforms! Check out ERP Risk Advisors on LinkedIn @ERPRiskAdvisors And don’t forget to subscribe!

Welcome to FRAUD IN THE OFFICE –a true fraud podcast. I’m Matthew Rekers alongside the bald eagle, Jeff Hare, and the voice of reason Kacey V. How do ordinary people steal extraordinary amounts of money from big companies? Tune into FRAUD IN THE OFFICE and discover the WHO, THE HOW, and THE WHAT NOW. This week’s episode is Meet the Cast. We'll talk about Fraud in the Office, who we are and why we exist. Find us on all streaming platforms! Check out ERP Risk Advisors on LinkedIn @ERPRiskAdvisors And don’t forget to subscribe!

Welcome to FRAUD IN THE OFFICE –a true fraud podcast. I’m Matthew Rekers alongside Jeff Hare, the infamous Bald Eagle, and the voice of reason Kacey V. How do ordinary people steal extraordinary amounts of money from big companies? Tune into FRAUD IN THE OFFICE and discover the WHO, THE HOW, and THE WHAT NOW. This week’s episode is Fraud or Not. We will take a scenario, review it, and discuss who thinks it is a fraud or not. We will vote and also like our fraudience to participate and let us know what you think. Find us on all streaming platforms! Check out ERP Risk Advisors on LinkedIn @ERPRiskAdvisors And don’t forget to subscribe!

Welcome to FRAUD IN THE OFFICE –a true fraud podcast. I’m Matthew Rekers alongside the Ironman 2, Jeff Hare, and the voice of reason Kacey V. How do ordinary people steal extraordinary amounts of money from big companies. Tune into FRAUD IN THE OFFICE and discover the WHO, THE HOW, and THE WHAT NOW. This week’s episode is Crypto Dexter. A thief of other thieves and other bad guys. Learn how this 28-year-old Georgia graduate Jimmy Zhong pulled off the largest crypto heist of the dark webs silk road to the tune of 3 billion. Even more fascinating is how he got caught. The devil went down to Georgia. Jimmy rosin up your crypto and play your fiddle hard, Cause Hell’s broke loose in Georgia and the devil steals those cards. Find us on all streaming platforms! Check out ERP Risk Advisors on LinkedIn @ERPRiskAdvisors And don’t forget to subscribe!