10 Biggest Recent Accounting Scandals in America

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6. WorldCom

2002 – $7 billion

WorldCom, then the second-largest phone company in America ranks sixth on our list of the 10 biggest recent accounting scandals in America, with an accounting scandal worth $7 billion. The chief financial officer and controller were arrested and face 65 years of imprisonment. The company claimed $3.8 billion in expenses as capital investment and $3.3 billion in accounting errors.

10 Biggest Recent Accounting Scandals in America

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