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- Famous examples of fraud include12:
- Enron
- Cendant
- WorldCom
- Bernie Madoff
- 1MDB
- Fraudsters trying to sell the Eiffel Tower and the Brooklyn Bridge.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Enron, Cendant, and WorldCom are examples of massive companies torn apart by financial fraud and scandal. Other cases include fraudsters trying to sell the Eiffel Tower and the Brooklyn Bridge.www.businessinsider.com/fraud-financial-scandals …Here we list the most scandalous of the lot. January/February 2022 By Jennifer Liebman Enron. Bernie Madoff. 1MDB. Some frauds are so notorious they only need to be mentioned by name.www.fraud-magazine.com/article.aspx?id=4295016… - People also ask
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The trial of 31-year-old FTX founder Sam Bankman-Fried began on Oct. 3 in Manhattan, New York, after the former head of the collapsed cryptocurrency trading platform pleaded not guilty to seven counts of fraud and conspiracy. U.S. government prosecutors have called SBF's downfall one of the biggest … See more
The 1980s were fraught with financial fraud, with Ivan Boesky among the first Wall Street traders to go to prison on insider trading charges. Boesky honed his … See more
Former New York City fund manager Bernie Madoff is long gone, having passed away in April 2021 in prison at the age of 82. But the Madoff story still resonates … See more
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