Peregrine Financial: The $215 Million Fraud Hidden with a Printer and Photoshop
Peregrine Financial collapse: how CEO Russell Wasendorf Sr. forged bank statements for nearly 20 years to hide $215 million in stolen customer funds.
Peregrine Financial collapse: how CEO Russell Wasendorf Sr. forged bank statements for nearly 20 years to hide $215 million in stolen customer funds.
Autonomy-HP scandal: how HP’s $11.1 billion acquisition of British software firm Autonomy turned into an $8.8 billion writedown and fraud allegations.
Sino-Forest fraud: how a Chinese forestry company listed in Canada fabricated billions in timber assets, becoming one of the largest stock frauds in history.
Daewoo Group collapse: how South Korea’s second-largest conglomerate accumulated $80 billion in debt and became the country’s biggest corporate failure.
Vivendi Universal scandal: how CEO Jean-Marie Messier transformed a French water utility into a media empire that nearly drowned in $35 billion of debt.
Crazy Eddie fraud: how Eddie Antar built an electronics retail empire on skimmed cash, inflated inventory, and one of retail’s most brazen accounting frauds.
Global Crossing collapse: how the fiber optic company burned through $22 billion building undersea cables before going bankrupt in the dot-com bust.
ZZZZ Best fraud: how teenage con artist Barry Minkow built a $200 million carpet cleaning empire entirely on fabricated revenues and fake insurance jobs.
Sunbeam fraud: how “Chainsaw Al” Dunlap used channel stuffing and accounting tricks to inflate revenues before the company collapsed.
Waste Management accounting scandal: how the company inflated earnings by $1.7 billion, launching the downfall of auditor Arthur Andersen.