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Financial Statement Fraud: Intent - The Fine Line, Samantha Weis
Financial Statement Fraud: Intent - The Fine Line, Samantha Weis
The Corinthian
In 2001, Enron was forced to file bankruptcy due to fraudulent accounting practices (Enron). In 2003, the CEO of HealthSouth was charged with $1.4 billion in accounting fraud (SEC). In 2002, the SEC filed charges against former senior executives of Rite Aid for many fraudulent accounting practices including overstating net income by $1.6 billion (SEC).