Exposing Financial Fraud: Forensic Accountant & Whistleblower John McPherson on DarkHorse

Bret Weinstein speaks with John McPherson on the subject of forensic accounting and whistleblowing. McPherson highlighting his concerns about the current financial landscape and the potential for another financial crisis.

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Theme Music: Thank you to Martin Molin of Wintergatan for providing us the rights to use their excellent music.

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Mentioned in this episode:
Monthly Patreon Discussion: https://www.patreon.com/bretweinstein
The Big Short: https://amzn.to/3WzusnX (commission earned)
The Life Partners Case: https://www.wsj.com/articles/life-partners-trustee-files-recovery-lawsuits-1458316739
Whistle Blower Award Process: https://www.sec.gov/enforcement-litigation/whistleblower-program
Borrower Defense: https://studentaid.gov/borrower-defense
Enron fake trading floor: https://www.theguardian.com/business/2002/feb/21/corporatefraud.enron1
Fair Rate Act: https://www.congress.gov/bill/115th-congress/senate-bill/186/text

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Timestamps:
00:00:00 What is a Forensic Accountant and Whistleblower?
00:03:41 Understanding Ponzi Schemes and Their Mechanisms
00:06:30 Concerns About the Current Financial Landscape
00:13:19 A Deep Dive into Fraud: The Life Partners Case
00:16:41 Sponsors: Dose and MUD\WTR
00:20:19 A Deep Dive into Fraud: The Life Partners Case (Cont.)
00:27:07 The Role of the SEC and Recovery Efforts
00:31:14 Uncovering Fraud in Plain Sight
00:32:45 The Whistleblower Award Process
00:42:21 Fraud in For-Profit Education
00:49:22 The Bubble Game and Market Manipulation
01:00:01 Media's Role in Exposing Injustice
01:08:12 The Financial Crisis and Too Big to Fail
01:20:26 Whistleblowers and the Need for Accountability