In this episode of Mundane Millionaires, I sat down with Eric Pacifici and Kevin Henderson to talk about what really happens behind the scenes in small business acquisitions—and what too many buyers miss. I walk through real examples of fraud I’ve uncovered in Quality of Earnings (QoE) engagements—fake revenue, inflated add-backs, false claims of recurring revenue—and explain how these issues can destroy a deal or sink your investment post-close. We also talk about why just “hiring professionals” isn’t enough if you don’t understand the financial basics yourself. If you’re a first-time buyer or in the middle of an LOI, I break down: ➡️ What good diligence looks like (and what bad diligence misses) ➡️ How shady sellers use numbers to manipulate valuations ➡️ The legal tools and deal structures that protect you ➡️ Why QoE is more than just financial restatement—it’s full business analysis I’ve seen too many people skip real diligence and pay the price. This conversation is packed with hard lessons and real talk to help you avoid becoming one of them.