For Whom the Fraud Tolls | Bell, California

Oh My Fraud

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1M ago 1:08:35

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Caleb and Greg discuss the case of a small California city tainted by big corruption.

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(00:00) - Introduction to Bell, California
(01:38) - Discussing Salaries in the Accounting Profession
(07:02) - The Rise of Robert Rizzo
(13:22) - Rizzo's Cost-Cutting Measures
(21:50) - Rizzo's Controversial Salary Increases
(28:11) - Investigations and Comparisons
(33:59) - Controversial Salaries Defended
(35:56) - Community Outrage and Resignations
(36:26) - Legal Actions and Arrests
(38:39) - Unauthorized Loans and Misappropriations
(44:51) - Absentee Ballots and Voter Fraud
(50:13) - Trials and Pleas
(01:00:17) - Lessons learned
(01:07:44) - Fraud Discovery and Media's Role

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Greg Kyte, CPA
Twitter: https://twitter.com/gregkyte
LinkedIn: https://www.linkedin.com/in/gregkyte/

Caleb Newquist
Twitter: https://twitter.com/cnewquist
LinkedIn: https://www.linkedin.com/in/calebnewquist/

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Sources:

Bell, California [Wikipedia]
City of Bell scandal [Wikipedia]
Bell (city), California [US Census Bureau]
BELL : City OKs Rizzo as Administrative Head [LAT]
In Maywood, a quiet changing of the guard [LAT]
Is a city manager worth $800,000? [LAT]
10 YEARS AFTER THE BELL SCANDAL ARE WE MORE ETHICAL? [League of California Cities]
D.A. investigating why Bell council members get nearly $100,000 a year for a part-time job [LAT]
Bell council used little-noticed ballot measure to skirt state salary limits [LAT]
Californians Protest City Manager’s $800,000 Salary [Bloomberg]
Bell leaders hauled off in cuffs [LAT]
California’s Bell Used as ‘Cash Drawer,’ Chiang Says [Bloomberg]
How Bell hit bottom [LAT]
California city manager's pension could top $30 million [Reuters]
Bell officials won't receive massive pensions [ABC7]
Differing views of CA official: Crook or victim? [AP]
Bell corruption trial: Mixed verdicts, 1 ex-councilman acquitted [LAT]
Bell corruption verdicts, charges [LAT]
Photos: Arrests in Bell [LAT]
Five Former Bell Officials Accept Plea Deal In Corruption Case [CBSLA]
Robert Rizzo blames assistant for Bell corruption, gets prison [LAT]
In Spaccia defense, a simple premise: Her high pay wasn’t a crime [LAT]
Former Chief Administrative Officer For City Of Bell Agrees To Plead Guilty To Conspiracy And Tax Charges In Plot To Avoid Income Taxes [DOJ]
Bell corruption case ends, last defendant gets a year in jail [LAT]
Former Chief Administrative Officer For City Of Bell Sentenced To Federal Prison For Cheating IRS To Avoid Taxes On Corrupt Activities [DOJ]
Bell must give up $2.9 million in illegal property taxes [LAT]
California Board of Accountancy Update Fall 2012 [CBA]

72 episodes

#True Crime #Caleb Newquist #Greg Kyte #Fraud #Accounting #Earmark LLC #Comedy #CPA