The 10 Biggest Corporate Frauds in the US

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No. 7 HealthSouth (2003)

HealthSouth is one of the largest publicly traded health care companies in the U.S. The company’s CEO Richard Scrushy was involved in a scheme, inflating earnings numbers up to $1.4 billion to meet stockholder expectations. He had told underlings to make up numbers and transactions from 1996-2003. Finally he was caught, but was later cleared of all charges concerning the accounting fraud, though he was convicted for the bribing of the Governor of Alabama

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