# Erik Lie: Catching Cheats, Fraud Detection, and the Board’s Evolving Role Page: https://stenobird.com/podcast/boardroom-governance-with-evan-epstein-369130/erik-lie-catching-cheats-fraud-detection-and-the-board-s-evolving-role Text version: https://stenobird.com/podcast/boardroom-governance-with-evan-epstein-369130/erik-lie-catching-cheats-fraud-detection-and-the-board-s-evolving-role.md Podcast: [Boardroom Governance with Evan Epstein](https://stenobird.com/podcast/boardroom-governance-with-evan-epstein-369130) Published: 2025-11-24T10:00:00+00:00 Episode link: https://boardroom-governance.com/episodes/erik-lie-53e9WAu_ Audio file: 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 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/boardroom-governance-with-evan-epstein-369130/episodes/erik-lie-catching-cheats-fraud-detection-and-the-board-s-evolving-role Duration seconds: 3624 ## Resource 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. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/boardroom-governance-with-evan-epstein-369130/episodes/erik-lie-catching-cheats-fraud-detection-and-the-board-s-evolving-role/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/boardroom-governance-with-evan-epstein-369130/erik-lie-catching-cheats-fraud-detection-and-the-board-s-evolving-role.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.