Enron

Enron Corporation (former New York Stock Exchange ticker symbol ENE) was an American energy, commodities, and services company based in Houston, Texas. Before its bankruptcy on December 2, 2001, Enron employed approximately 20,000 staff and was one of the world's major electricity, natural gas, communications, and pulp and paper companies, with claimed revenues of nearly $101 billion during 2000. Fortune named Enron "America's Most Innovative Company" for six consecutive years. At the end of 2001, it was revealed that its reported financial condition was sustained substantially by an institutionalized, systematic, and creatively planned accounting fraud, known since as the Enron scandal.
Posts about Enron
  • The Different Types of White-Collar Crime Laws in Texas

    … includes a range of non-violent crimes that the offender typically commits to attaining financial gains. Have you been accused of a white-collar crime in Texas? Contact The Law Office of Matthew D. Sharp today >> Overview of White-Collar Crime White-collar criminal offenses may include: Healthcare fraud Insider trading (securities fraud…

    The Law Office of Matthew D. Sharp- 9 readers -
  • Ameriprise Financial Denies Its Own Whistleblower Policy

    …. The names of well-known whistleblowers still linger to some of us. Roger Boisjoly (—the Challenger disaster), Sharon Watkins (Enron), Cynthia Cooper(Worldcom), James Holzrichter(Northrup Grumman), Gary Aguirre, Bill Black, Richard Bowen, Michael Loscalso, Michael Winston and the list goes on. They are all good men and women who sacrificed their careers…

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  • Accounting Malpractice Case Filed After Bank Collapse

    …, however, Skoda Minotti, a Cleveland CPA firm had given the credit union a clean bill of health. Prosecutors say that Taupa Lithuania went under because its CEO was using the credit union as his own personal piggy bank. Prosecutors claim that he and others stole $15 million before the scheme came to light. By then the credit union was insolvent…

    Legal Malpractice - Chris Trebatoski- 39 readers -