The Koss of Doing Business

Oh My Fraud

Thank you to our sponsor, Xero
To learn more go to http://ohmyfraud.promo/xero

Thank you to our sponsor RuBook Creative
Use PROMO CODE - OHMY at checkout to receive 10% off your next order
https://www.ohmyfraud.promo/rubook

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.

Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode..

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 [e-mail].

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 : [e-mail]

Sources:

• Koss History
• Koss Corporation - Company Profile, Information, Business Description, History, Background Information on Koss Corporation [Reference for Business]
• All The Right Moves [Inc.]
• The Diva [Milwaukee]
• Former Koss Corporation Executive Charged in $31 Million Dollar Fraud [FBI]
• United States of America v. Sujata Sachdeva via Tracy Coenen
• How an embezzler stole millions from a small company [AccountingWeb]
• Theft at Koss blamed on relaxed attitude, lax oversight [MJS]
• SEC v. Koss Corporation and Michael J. Koss [Securities and Exchange Commission]
• Publicly owned and family-run [Family Business]
• Sachdeva pleads guilty, says she regrets fraud [MJS]
• Koss embezzler feared discovery from start [MJS]
• Former Koss Corp. executive Sachdeva sentenced to 11 years in prison [MJS]
• SEC Charges Two Accounting Professionals at Milwaukee-Based Company with Fraud [SEC]
• Koss sues former executive, auditor over alleged embezzlement [MJS]
• Koss settles claims against former auditor Grant Thornton [MJS]
• Sachdeva out of prison after serving six years for stealing $34 million from Koss Corp. [MJS]
• Koss family around $30 million from Reddit-fueled stock market frenzy -- more than the company was worth at the end of 2020 [MJS]
• Koss Corporation 10-K YE June 30, 2022 [SEC]
• John C. Koss, Stereo Headphone Innovator, Is Dead at 91 [NYT]
• Chapter 7 versus Chapter 11: Know the Difference — Investopedia