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A corporate collapse typically involves the insolvency or bankruptcy of a major business enterprise. A corporate scandal involves alleged or actual unethical behavior by people acting within or on behalf of a corporation. Many recent corporate collapses and scandals have involved false or inappropriate accounting of some sort (see list at ...
t. e. Accounting scandals are business scandals which arise from intentional manipulation of financial statements with the disclosure of financial misdeeds by trusted executives of corporations or governments. Such misdeeds typically involve complex methods for misusing or misdirecting funds, overstating revenues, understating expenses ...
0–9. 1Malaysia Development Berhad. 1Malaysia Development Berhad scandal. 1928 Liechtenstein embezzlement scandal. 1992 Indian stock market scam. 2008 Liechtenstein tax affair. 2020 Kerala gold smuggling case.
The credentials: Arguably the first celebrity financial scandal of the 24/7 media age, Stewart was the talk of the nation for weeks, which probably didn't make her list of "good things." As she ...
The Wells Fargo cross-selling scandal was caused by creation of millions of fraudulent savings and checking accounts on behalf of Wells Fargo clients without their consent or knowledge due to aggressive internal sales goals at Wells Fargo. News of the fraud became widely known in late 2016 after various regulatory bodies, including the Consumer ...
On this day in economic and financial history... The world's oldest continuously operating bank was founded in Siena, Italy on Feb. 27, 1472. Banca Monte dei Paschi di Siena, or MPS, was born when ...
Australia. New Zealand. Papua New Guinea. v. t. e. The following is a list of proven scandals in India since independence, including political, financial and corporate scandals. The year, or decade, is when the scandal was first reported.
Scandal is defined as "loss of or damage to reputation caused by actual or apparent violation of morality or propriety". Scandals are separate from 'controversies', (which implies two differing points of view) and 'unpopularity'. Many decisions are controversial, many decisions are unpopular, that alone does not make them scandals.