Episode
Erik Lie: Catching Cheats, Fraud Detection, and the Board’s Evolving Role
- Published
- Nov 24, 2025
- Duration seconds
- 3624
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- https://boardroom-governance.com/episodes/erik-lie-53e9WAu_
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Summary
Erik Lie is the Amelia Tippie Chair in Finance and Professor at the Tippie College of Business at the University of Iowa. His new book, Catching Cheats: Everyday Forensics to Unmask Business Fraud, offers a compelling look at how forensic economics and data-driven analysis can help identify wrongdoing that remains hidden in plain sight. We talk about a broad range of governance and fraud-related issues, beginning with the challenges of private-market data, the evolving responsibilities of directors in fraud detection, and real-world lessons from the Bernie Madoff case and other historic white-collar scandals.