The Paycheck Protection Program, aka PPP, was the main financial lifeline to small businesses negatively impacted by the COVID-19 pandemic. Billions of dollars in loans were made, and millions of jobs were saved. But there was also a remarkable amount of fraud. In this episode, Caleb and Greg discuss two cases that exemplify PPP fraud: big, brazen, baffling. That’s right, it’s BBB PPP.
"Oh My Fraud" is an irreverent podcast from CPA/comedian Greg Kyte and blogger/former CPA Caleb Newquist.
The two come together to unpack their favorite frauds and explore the circumstances, psychology, and interpersonal dynamics involved. They also fully indulge in victim-blaming the defrauded widows, orphans, infirm and feeble-minded—because who can resist?
If you fancy yourself a trusted advisor—or prefer your true crime with spreadsheets instead of corpses—listen to this show to learn what to watch out for to keep your clients, your firm, and even yourself safe.