The Accounting Podcast

Everything we know about the $35 million MyPayrollHR payroll fraud


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Sep 14 2019 46 mins  
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Show Notes

  • 03:22 – MyPayrollHR's simplistic sayonara | Krebs on Security
  • 05:40 – Some questions, some blame, a whole lotta wrath | SearchHRSoftware
  • 07:28 – Governor Cuomo's statement | NYDFS
  • 09:06 – Will the real Michael Mann please stand up? | TimesUnion
  • 10:32 – a brief primer on how a payroll service processes a payroll
  • 12:03 – Bait and switch ... MyPayrollHR redirected employer funds from the holding account to one of their internal accounts
  • 16:02 – Really, Cachet? You're the ONLY victim?
  • 17:05 – Apparently, Cachet needs bigger, louder, more neon-y warning signs when things are going awry with clients
  • 19:21 – The FBI wants your intel, if you know anything about the MyPayrollHR situation.
  • 20:58 – Breaking up isn’t hard to do when you do it with email, right?
  • 23:17 – Payroll company using fraudulent means to report on fraudulent activities of another payroll company? Probably not the brightest bulb in the lamp ...
  • 25:10 – Earlier this year, Key Bank was at the center of another payroll provider debacle | Albany Business Review
  • 29:20 – Stop back next week for the latest intel on the ongoing MyPayrollHR melee!
  • 29:37 – QuickBooks Live test-drives a new pricing tier based on the user's annual expenses | Firm of the Future
  • 31:57 – Congratulations to Gusto for having cool workplace digs! | Inc.com
  • 32:46 – More on Clio's astronomical $250 million raise, straight from the CEO's mouth | LawSites
  • 33:19 – Visor, the tax-prep company we talked about in Episode 70, is still incognito
  • 34:21 – Will California set precedent with AB-5 and shake up the gig economy? | CalMatters
  • 37:43 – Has anyone bothered to ask Cali gig workers whether they WANT to become part-time employees vs contractors?
  • 38:37 – David sees this legislation as just another part of the innovation lifecycle running its course
  • 40:40 – Madeline Pratt serves up some thought food on the shelf life of influencers | Fearless in Training
  • 41:25 – As David promised, an assortment of links from LinkedIn, and a sampling of leaderboard-y goodness? from AccountingWEB:

https://www.linkedin.com/feed/update/urn:li:activity:6577777378490109952
https://www.linkedin.com/feed/update/urn:li:activity:6577554625778581504
https://www.linkedin.com/feed/update/urn:li:activity:6575309489593954304

  • 42:43 – Are influencers operating in an echo chamber?
  • 45:49 – Last, but definitely not least, we got some new reviews in!
  • 46:45 – Hear Blake's best interpretation of a smooth voice ...
  • 47:12 – We did make a list! Thanks to all our listeners, and reviewers for making it happen!

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.

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