Episode

Erik Lie: Catching Cheats, Fraud Detection, and the Board’s Evolving Role

Podcast
Boardroom Governance with Evan Epstein
Published
Nov 24, 2025
Duration seconds
3624
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not_requested
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https://boardroom-governance.com/episodes/erik-lie-53e9WAu_
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https://cdn.simplecast.com/audio/311f2a35-6ef3-44e6-b7c6-ea4e3b9ae699/episodes/95a2531a-7ad8-42a2-9662-47c2711db83a/audio/2c45141d-3861-4756-bb61-3f7dd36f1250/default_tc.mp3?aid=rss_feed&feed=sbYJfftt
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/v1/public/podcasts/boardroom-governance-with-evan-epstein-369130/episodes/erik-lie-catching-cheats-fraud-detection-and-the-board-s-evolving-role
Markdown
/podcast/boardroom-governance-with-evan-epstein-369130/erik-lie-catching-cheats-fraud-detection-and-the-board-s-evolving-role.md

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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.