Instances in which corporations have been found in serious breach of accounting ethics generally by falsifying or manipulating information so that financial statements do not give a true and fair view of the company's performance.
An in-depth look at Buffer Fraud, its mechanisms, historical context, key events, and its impact on finance and legality.
Understanding business fraud, its types, historical context, key events, implications, and preventative measures. Explore examples, related terms, comparisons, inspirational stories, and more.
Channel stuffing, or trade loading, is a practice where companies inflate sales figures by sending more products to distribution channels than retailers can sell, affecting financial statements and market perceptions.
An in-depth look into the unethical practice of falsifying financial records or statements to mislead others regarding the financial performance or position of an accounting entity.
A detailed overview of the concept of 'Cooking the Books', including historical context, types, key events, and importance. This article discusses the techniques, implications, and legal considerations related to the manipulation of financial records.
Deceptive practices conducted to provide an advantage to the perpetrating company, typically involving high-level executives and actions like financial statement fraud.
An in-depth exploration of the daisy chain scheme in stock trading, explaining its historical context, mechanisms, impacts, regulations, and related financial concepts.
A detailed exploration of Financial Statement Fraud, its types, historical context, key events, explanations, formulas, importance, applicability, examples, related terms, comparisons, interesting facts, FAQs, and more.
Comprehensive exploration of fraudulent accounting, its types, methods, historical context, and its impacts on businesses and stakeholders.
A comprehensive guide on stock manipulation, detailing historical context, types, key events, and methods used to illegally influence stock prices.
An in-depth exploration of Watered Stock, a term describing artificially inflated shares in business. Learn about its history, key events, mathematical models, importance, applicability, and related terms.
Churning refers to the practice of excessive trading by a broker in a client’s account mainly to generate commissions that benefit the broker, often at the client's expense. This practice is illegal and clients may seek recovery of damages.
Dual Contract refers to the illegal or unethical practice of providing two different contracts for the same transaction. The one with a larger amount is generally used to apply for a loan, while the actual contract reflects a lower amount.
Peculation refers to the fraudulent misappropriation of money or goods entrusted to one's care. It is closely related to the concept of embezzlement.
An in-depth exploration of Bernie Madoff, the American financier who orchestrated the largest Ponzi scheme in history, including the mechanics of his fraud and its consequences.
A detailed exploration of High-Yield Investment Programs (HYIPs), exposing their fraudulent nature, common characteristics, and red flags to watch out for. Learn how to recognize and protect yourself from these investment scams.
An in-depth look into the Offshore Portfolio Investment Strategy (OPIS), a fraudulent tax shelter marketed by accounting firm KPMG in the late 1990s, including its components, historical context, and repercussions.
A comprehensive guide to Ponzi schemes, detailing their definition, mechanisms, historical origins, famous examples, and how to identify and avoid falling victim to such investment scams.
A detailed exploration of rogue traders, their actions, operational mechanisms, and historical examples impacting financial institutions and clients.
Understand what an unauthorized insurer is, how it operates, and explore real-life examples to recognize and avoid fraudulent insurance schemes.
An in-depth exploration of unlawful loans, covering their definition, historical background, legal implications, and notable examples, with special attention to lending laws and regulations.
An in-depth exploration of the rise and fall of OneCoin, the fraudulent cryptocurrency network that swindled investors out of billions.
Explore the comprehensive definition of white-collar crime, its various types, and notable examples. Understand the nuances of nonviolent criminal activities committed for financial gain or business advantage.
