For Whom the Fraud Tolls | Bell, California
Caleb and Greg discuss the case of a small California city tainted by big corruption.SponsorsSafeSend - https://ohmyfraud.promo/safesendThe Small Business Research Institute - https://ohmyfraud.promo/ceanowinterVal - https://ohmyfraud.promo/interval(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 HOW TO EARN FREE CPEIn 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.Download the app:Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.appQuestions? Need help? Email support@earmarkcpe.com.CONNECT WITH THE HOSTSGreg Kyte, CPATwitter: https://twitter.com/gregkyteLinkedIn: https://www.linkedin.com/in/gregkyte/Caleb NewquistTwitter: https://twitter.com/cnewquistLinkedIn: https://www.linkedin.com/in/calebnewquist/Email us at ohmyfraud@earmarkcpe.comSources: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]