In this week's episode, Matthew and Mark dive into a shocking wave of new fraud stories that all hit the headlines this week—and every one of them exposes the same weak points: identity, responsibility, and accountability.

We break down the latest GAO report revealing massive vulnerabilities in Obamacare Marketplace plans—fake identities getting approved, stolen Social Security numbers used in dozens of applications, brokers making unauthorized changes, and taxpayers footing the bill for millions in bogus subsidies. Then we travel to Minnesota, where Medicaid and COVID-era relief fraud has surged past the $1 billion mark, with new cases showing how nonprofits, brokers, and even ghost companies exploited programs designed to help real families.

And yes… in case you missed it, Taylor Swift and Travis Kelce just announced their upcoming wedding. The tabloids call it the love story of the decade—but the Fraud Bros ask:
“Is it romance… or the greatest marketing campaign ever conceived?”

As always, we connect the thread: fraud happens wherever identity is weak and accountability is missing—whether in healthcare systems, government programs, or even corporate operations. Identity management, internal controls, and segregation of duties aren't just audit words… they’re the guardrails that keep taxpayer dollars, patient data, and entire programs from going off the rails.

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In Season 3, Episode 4 of Fraud in the Office, the Fraud Bros break down the unbelievable story of two MIT-educated brothers who allegedly executed a $25M crypto heist in just 12 seconds.

This first-of-its-kind scheme exposed critical weaknesses in the blockchain ecosystem, challenged assumptions about crypto security, and showed how intelligence, opportunity, and access can be exploited at lightning speed.

In this episode, we unpack:

• The bizarre rise of MIT brothers at the center of the heist
• How the alleged exploit was engineered and executed
• Why blockchain isn’t as untouchable as it claims
• How crypto fraud mirrors classic phishing & wire-scam psychology
• And why trust, transparency, and controls matter in ANY system

95% entertainment.
5% fraud prevention.
100% wild.

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In this episode, the hosts delve into a shocking insider trading scandal involving the NBA, where organized crime intersects with professional basketball. They discuss the details of the schemes, the players involved, and the motivations behind such risky behavior. The conversation highlights the implications of integrity in sports and the legal challenges faced by those implicated in the fraud. In this conversation, Mark and Matthew delve into the intricate world of insider trading, gambling schemes, and the implications of cheating in professional sports. They explore the mechanics of poker cheating, the role of the mafia in enforcing debts, and the challenges of preventing fraud in gambling. The discussion also touches on regulatory measures and the integrity of professional sports, particularly in the context of the NBA and its investigations.

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