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Everything we know about the $35 million MyPayrollHR payroll fraud

Everything we know about the $35 million MyPayrollHR payroll fraud

FromThe Accounting Podcast


Everything we know about the $35 million MyPayrollHR payroll fraud

FromThe Accounting Podcast

ratings:
Length:
46 minutes
Released:
Sep 14, 2019
Format:
Podcast episode

Description

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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 TouchThanks 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. Subscribe
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Released:
Sep 14, 2019
Format:
Podcast episode

Titles in the series (100)

The Cloud Accounting Podcast is the #1 accounting and bookkeeping podcast in the world! Join Blake Oliver and David Leary at the intersection of accounting and technology for a weekly news roundup, plus interviews with industry leaders.