10 Biggest Recent Accounting Scandals in America

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2. Bernie Madoff

2008 – $65 billion

Bernie Madoff and his accountant accumulated $65 billion from investors through a Ponzi scheme. Madoff’s sons were the whistleblowers. The fraud was unveiled a few months after the Great Recession. Madoff was penalized with a $170 billion fine and 150 years in prison (that’s more like what these scum deserve).

10 Biggest Recent Accounting Scandals in America

one photo/Shutterstock.com

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