So Much Fraud

Senator Warren wants IRS to build online tax prep; Alliantgroup antics date back over a decade; Crypto lender Celsius has its "desk broken"; Chasing ESG scores may be a mistake; and more!
Subscribe to the Earmark Accounting Podcast:
Get CPE for listening to podcasts with Earmark CPE: https://earmarkcpe

Show Notes

1:06 – David Picture with Luca
8:30 – Celsius Owes $4.7 Billion to Users But Lacks the Money to Pay
Crypto Lender Celsius Files for Chapter 11 Bankruptcy
13:21 – Where in the world are the Three Arrows Capital founders? | Fortune
EU officials agreed on rules that would regulate the crypto market in the bloc, forcing platforms to seek authorization to operate and providing safeguards to users
18:01 – CFTC charges bitcoin firm for operating $1.7 billion crypto scam - Business Insider
20:43 – Fintech execs convicted in US after $160 million sent to Nigeria
Report Alleges Wirecard Forged Client Data to Obtain €900M SoftBank Investment
23:57 – Bad lesson: Accounting professor at Drexel University charged with allegedly using creative bookkeeping to evade millions in taxes – MarketWatch
27:37 – CPA Firms That Referred Clients to Alliantgroup Have Been Subpoenaed, Asked to Turn Over 11 Years of Client Data
Leann on Twitter: "I’m hearing that the IRS Criminal Investigation raid on alliantgroup allegedly has to do with the 179D racketeering lawsuits filed years ago. Pending confirmation. /14"
Alliantgroup LP v The University Of Texas System And The University Of Houston System – Global Legal Chronicle
alliantgroup Comments from Women | InHerSight
Strategic Advisory Board | alliantgroup
DOJ suing Lane Grigsby and wife over ‘erroneous’ $750,000 tax refund
Bloomberg blows the whistle on the IRS
36:57 – Neal: Odds of selecting Comey and McCabe for audits were like winning the lottery | The Hill
IRS audited former FBI directors Comey and McCabe
41:01 – Senator Warren Leads 22 Colleagues in Introducing the Tax Filing Simplification Act of 2022
Americans spend 13 hours and $240 on average to file their taxes—while corporations like @Intuit rake in billions. That’s outrageous. Today I;m leading 22 colleagues on legislation to make filing taxes free and easy for taxpayers. The IRS itself can and should adopt my plan; Elizabeth Warren (@SenWarren) July 13, 2022 
45:10 – AICPA recommends additional IRS backlog measures - Journal of Accountancy
49:43 – Obviously most CPAs are against the 150 hr rule. But what if those extra 30 hours were beneficial?
55:33 – AICPA and CIMA name global head of ESG
A sharper focus on ESG | Accounting Today
1:00:01 – Rising Social Unrest Over Energy, Food Shortages Threatens Global Stability
1:04:48 – Message from Donald W LaCroix, CPA via
Message from Lauren M via
Message from Sean Birdsell via - - Earmark Mail
Message from Liz R via

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

Need Accounting Conference Info? 

Check out our new website -

Limited edition shirts, stickers, and other necessities



Future Firm:
Royalwise Solutions:

Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Hit the link below to get more info.

Go here to create your classified ad: 

Full Transcript Available Upon Request -

Creators and Guests

So Much Fraud
Broadcast by