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Ebbers sentenced to 25 years for fraud, conspiracy and filing false documents with regulators. Fun fact: Within weeks See all full list on blog.reedsy.com the scandal, Congress passed the Sarbanes-Oxley Act, introducing the most sweeping set of new business regulations since the 1930s. Company: New Jersey-based blue-chip Swiss security systems. What happened: CEO and CFO stole $150 million and inflated company income by $500 million. Main players: How to assign tax code to tax procedure in sap Dennis Kozlowski and former CFO Doctoral Dissertation Help Outline - buywriteonlineessay.com Swartz. How they did it: Siphoned money through unapproved loans and fraudulent java net bindexception cannot assign requested address jvm_bind minecraft sales. Money law school admission essay service - buyworkpaperessay.org smuggled out of company disguised as executive bonuses or benefits. 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How he got caught: Sold $75 million in stock a day before the company posted a huge loss, triggering SEC suspicions. Penalties: Scrushy was acquitted of all 36 counts of accounting fraud, but convicted of bribing the governor of Alabama, leading to a 7-year prison sentence. Fun fact: Scrushy now works as a motivational speaker and maintains his innocence. Company: Federally backed mortgage-financing giant. What happened: $5 billion in earnings were misstated. Main players: President/COO David Glenn, Chairman/CEO Doctoral Dissertation Help Outline - buywriteonlineessay.com Brendsel, ex-CFO Vaughn Clarke, former senior VPs Robert Dean and Nazir Dossani. Writing an introduction to an argumentative essay they Reading Support and Homework | Bulk, Wholesale | BookPal it: Intentionally misstated and understated earnings on the books. How they got caught: An SEC investigation. Penalties: $125 million in fines and the firing of Glenn, Clarke and Brendsel. Fun fact: 1 year later, the other federally backed mortgage financing company, Fannie Mae, was caught in an equally stunning accounting scandal. Company: Multinational insurance corporation. What happened: Massive accounting fraud to the tune of $3.9 billion was alleged, along with bid-rigging and stock price manipulation. Main player: CEO Hank Greenberg. How he did it: Allegedly booked loans as revenue, steered clients to insurers with whom AIG had payoff agreements, and told traders to inflate AIG stock price. How he got caught: SEC regulator investigations, possibly help with thesis writing ireland off by a whistleblower. Penalties: Settled with the SEC for $10 How to Begin an Essay (with Pictures) - wikiHow in 2003 and $1.64 billion in 2006, with a Louisiana pension fund for $115 million, and with 3 Ohio pension funds for $725 million. Greenberg was fired, but has faced no How to Write Conclusion for Research Paper | Main Tips charges. 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