The 10 Biggest Corporate Frauds in the US

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No. 9 WorldCom (2002)

WorldCom’s CEO Bernie Ebbers was caught by his internal auditing department. Mr. Ebbers inflated assets up to $11 billion, which lead to 30,000 lost jobs and $180 billion in losses for investors. This $3.8 billion fraud was penalized with a 25 year sentence for fraud, conspiracy and filing false documents with regulators.

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