corporate fraud
Company financial crimes
Corporate fraud is deliberate deception by a company or its executives for financial gain—falsifying records, hiding debts, inflating revenues, or misleading investors.
The term covers schemes ranging from accounting manipulation to embezzlement to securities fraud: The CEO was convicted of corporate fraud after hiding billions in losses.
Distinguished from individual fraud by its institutional scale and the involvement of company leadership.
- insider tradingIllegal securities transactions using nonpublic information
- cooking the booksManipulating financial statements illegally
- cooked booksFraudulently altered financial records
- creative accountingMisleading financial reporting
- embezzlementFraudulent taking of entrusted assets
bribery · greed · financial losses · Ponzi schemes · shell companies · reputational damage · criminal charges · perp walk · Sarbanes-Oxley Act · white-collar crime · forensic accounting · due diligence · money laundering · Enron · too big to fail · tax evasion · corruption · organizational culture
- fraudscam, swindle, con, deceive, cheat
- business ethicscode of conduct, ethics code, codes of conduct, ethics training, ethics committee
- corporate crimesinsider trading, price fixing, embezzlement, antitrust violations, antitrust violation
- financial crimesmoney laundering, Ponzi scheme, insider trading, investment scams, ponzi scheme
- financial frauddefalcation, embezzler, peculation, fraudster, embezzlement
- Financial ScandalsEnron, Bernie Madoff, Ponzi scheme, insider trading, Theranos
corporate fraudbusiness ethics
Moral standards in commerce
corporate transparency · corporate accountability · fiduciary responsibility · fair dealing · corporate social responsibility
corporate fraudpetty theft
Minor stealing offense
shoplifting · street crime · pickpocketing · con artistry · burglary
corporate fraudemployee welfare
Organizational care for staff
investor protection · sustainable business · wealth creation