Crimes, they aren't a-changin' Ft. Megan and Alex

OCT 21, 202654 MIN

Description

In this episode of the MaxValue Podcast, I take a break from business valuation and exit planning to go to the movies with forensic accountants Megan Thompson of Thompson Accounting and Alex Spaete of Bridge Forensics. Both practice in family law in California, and together we break down the fraud classic Catch Me If You Can. The fun has a serious point for business owners. Fraud and hidden risks can destroy value fast, and a business must stay valuable and transferable when you are ready to exit. Watch the full episode to see how Hollywood fiction compares with real-world fraud. Download our FREE EBOOK: https://ebooktowne.com/ Youtube: https://youtu.be/1fWYPL38hL8 LET'S CONNECT! Ben Towne LinkedIn: https://www.linkedin.com/in/ben-towne-advisory/ Web pages: https://towneadvisory.com/ || https://assurentadvisors.com/knowledge-center/ Alex Spaete LinkedIn: https://www.linkedin.com/in/alexspaete/ Megan Thompson LinkedIn: https://www.linkedin.com/in/meganthompsoncpa/ TIME STAMPS: 00:00 - Welcome To Max Value 00:58 - Forensic Audit : Catch Me If You Can 06:36 - Inside the Shocking Custody Scene 09:28 - The First Fraud: A Suit, Not a Check 16:20 - Check float 22:15 - Advance-Fee Scam 27:50 - Threshold testing 41:53 - Cash=Hard part