10 Biggest Recent Accounting Scandals in America

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4. Merck & Co (NYSE:MRK)

2002 – $14 billion

Medco, a subsidiary of Merck & Co., recorded $14 billion in revenue over a three-year period beginning in 1999. These were actually co-payments made by customers to its pharmacy. However Merck denied any wrongdoing, stating it was ignorant of the accounting treatment.

10 Biggest Recent Accounting Scandals in America

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Follow Merck & Co. Inc. (NYSE:MRK)

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