The Enron Scandal: A Major Financial Fraud

6 months ago
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Topic: The Enron Scandal: A Major Financial Fraud

Part 1: "Enron's 2001 scandal involved hiding debt and inflating profits through deceptive accounting practices. The company falsely reported financial health to investors."

Part 2: "In response, the Sarbanes-Oxley Act was passed, enforcing stricter regulations on corporate financial reporting and accountability. Led to Enron’s bankruptcy and millions of loses of investors.

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