In the first episode of Busted, hosts Michael Thomas and Drew Howell discuss how an accountant stole over $16 million from his small-town Texas employer’s fruitcake company to fund his lavish lifestyle. This episode breaks down this trusted employee’s scheme, the red flags that went undetected, and how the fraud was eventually uncovered.
You can also find, and subscribe, to this podcast on all major podcast platforms including iTunes, Stitcher, Spotify, and Google Play.
Speaker(s)
Related Insights
August 14, 2025
Foley Ignite
Will the Late Summer M&A Rebound Continue into Fall?
The lazy days of summer seem to be behind us as merger and acquisition (M&A) activity is getting a jump start. A recent article in the…
August 14, 2025
Manufacturing Industry Advisor
Tariffs and Your Contracts: Why do delivery terms matter?
In light of a trade landscape rife with tariffs, companies are examining their commercial contracts to judge the exposure to increased costs of production. One area of a supply contract that cannot be overlooked when determining this type of exposure is the delivery terms for the product sale. This is because the delivery terms of a contract may identify the party responsible for payment of tariffs.
August 14, 2025
Foley Viewpoints
SEC Intensifies Scrutiny of Chief Compliance Officers
Two recent SEC enforcement actions serve as a sharp reminder that Chief Compliance Officers (CCOs) can face personal liability for what…