THE FALL OF ENRON – FRAUDS IN ACCOUNTING PRAC
& CORPORATE MISCONDUCT!
, FROM THE GIANT ENRON TOO..
❖Enron was America’s seventh-largest company - trading and the
energy industry.
❖The greatest financial fraud in US history, with billions of
dollars stolen, thousands of jobs lost, hundreds of arrests, and
one suicide.
❖The exposure of corporate corruption went straight into the
heart of corporate America.
❖This is how one company grew from nothing to $90 billion in
ten years.
❖Then went bankrupt in 24 days, this is the Enron tale – 74B
fraud
, ENRON SCANDAL 2001
Houston-based
Kept huge debts off the
commodities, energy &
balance sheets
service corporation
Shareholders lost $74 Internal whistle blower
billion Sherron Watkins
CEO Jeff Skilling & -Arthur Anderson
Former CEO Ken Lay -Fortune Magazine
& CORPORATE MISCONDUCT!
, FROM THE GIANT ENRON TOO..
❖Enron was America’s seventh-largest company - trading and the
energy industry.
❖The greatest financial fraud in US history, with billions of
dollars stolen, thousands of jobs lost, hundreds of arrests, and
one suicide.
❖The exposure of corporate corruption went straight into the
heart of corporate America.
❖This is how one company grew from nothing to $90 billion in
ten years.
❖Then went bankrupt in 24 days, this is the Enron tale – 74B
fraud
, ENRON SCANDAL 2001
Houston-based
Kept huge debts off the
commodities, energy &
balance sheets
service corporation
Shareholders lost $74 Internal whistle blower
billion Sherron Watkins
CEO Jeff Skilling & -Arthur Anderson
Former CEO Ken Lay -Fortune Magazine
