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The Accounting Podcast

Everything we know about the $35 million MyPayrollHR payroll fraud

46 min • 15 september 2019

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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 Touch

Thanks 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

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