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BSAD 4210: Social & Political Environment of Business (Onos)

Social & Political Environment of Business

Examples of Corporate Crimes & Scandals

  • Bernie L. Madoff Investment Securities (2008) - stock and securities fraud (Ponzi Scheme)
  • Berkshire Power Company (2016) - violating Clean Air Act and conspiracy
  • Ebay (2020) - cyberstalking
  • Enron (2001) - accounting and corporate fraud
  • Exxon Valdez oil spill (1990) - violating environmental laws
  • Martha Stewart Living Omnimedia (2004) - insider trading
  • Purdue Pharma (2020) - conspiracy to defraud  (opioid)
  • Theranos (2021) - fraud
  • Tyco (2002) - corruption, conspiracy, falsifying records, grand larceny
  • Volkwagen (2015) - conspiracy to defraud, obstruction of justice, importation of merchandise by means of false statements (Emissions scandal)
  • WellsFargo - (2016) - account fraud
  • WorldCom (2002) - accounting scandal

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