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- When companies engage in activities that are dishonest or illegal, it is referred to as corporate fraud. There are many forms of corporate fraud including falsified accounting and misrepresenting services or products. The Enron scandal from 2001 is a well-known example of corporate fraud.
www.investopedia.com/terms/c/corporate-fraud.asp - People also ask
What Is Corporate Fraud? Definition, Types, and Example
Corporate fraud refers to illegal activities undertaken by an individual or company that are done in a dishonest or unethical manner. Often, this kind of … See more
Corporate fraud can be challenging to prevent and tricky to catch. By creating effective policies, a system of checks and balances, and physical security, a … See more
The deceptive accounting and business practices that led to the downfall of Enronis an example of corporate fraud. Due to the widespread use of loopholes … See more
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