Oh My Fraud

If you’re jonesing for some nostalgia, then this is the Oh My Fraud episode for you. Caleb and Greg discuss two stars—an athlete whose fame peaked in the 80s and a singer-songwriter who put out one of the biggest selling albums of the 90s—who helped define their respective decades. Unfortunately, their wild success also made them targets of people they trusted to help manage that success.

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• (00:00) - Kareem Abdul Jabbar's Rumored Investment Fiasco


• (01:07) - This is Oh My Fraud


• (02:54) - Caleb and Greg's High School Music and Sports Dreams


• (07:12) - The Celebrity: Alanis Morissette


• (16:58) - Financial Mismanagement and Fraud Uncovered


• (28:13) - Jonathan Schwartz's Legal Troubles


• (29:43) - Alanis Morissette's Response


• (29:58) - The Celebrity: Kareem Abdul-Jabbar


• (35:50) - The Downfall of Tom Collins


• (46:52) - Lessons Learned


• (57:16) - Conclusion and Final Thoughts

In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.

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CONNECT WITH THE HOSTS

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/

Email us at [email protected]

Sources:

Alanis Morissette

• Alanis Morissette [Wikipedia]
• Alanis Morissette Sues Ex-Business Manager for $15 Million [CBS]
• Alanis Morissette vs. GSO Business Management, Jonathan Schwartz [LAT]
• GSO Business Management vs. Jonathan Todd Schwartz [LAT]
• Alanis Morissette, business management firm settle lawsuit over alleged embezzlement [LAT]
• Business Manager Agrees to Plead Guilty after Admitting $7.2 Million Embezzlement from Alanis Morissette and Other Celebrities [DOJ]
• CPA Sentenced to 6 years in Federal Prison for Embezzling $7.2 Million from Alanis Morissette and Other Celebrities [DOJ]
• Alanis Morissette’s Ex-Business Manager Sentenced to 6 Years in Prison [THR]
• Hollywood Business Manager: I Stole From Alanis Morissette and Other Clients and I’m Sorry [THR]
• Alanis Morissette Responds to Ex-Business Manager’s Apology [THR]
• Isn't it moronic: Alanis Morissette's manager sad over 'stupid' theft [CBC]

Kareem Abdul-Jabbar

• Kareem Abdul-Jabbar — Wikipedia
• $55-Million Action Alleges Financial Mismanagment : Abdul-Jabbar Sues Former Manager — Los Angeles Times
• A LOT OF HURT — Sports Illustrated
• Did Kareem-Abdul Jabbar Really Lose Millions Building Special Hotels for Tall People? — Sports Legends Revealed