Caleb and Greg discuss the case of a small California city tainted by big corruption. Sponsors SafeSend - https://ohmyfraud.promo/safesend The Small Business Research Institute - https://ohmyfraud.promo/ceanow interVal - 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 CPE 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. Download the app: Apple: https://apps.apple.com/us/app/earmark-cpe/id1562599728 Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app Questions? Need help? Email
[email protected] . 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: 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]
