... no hurry to settle"(Hilzenrath and Behr). Michael Kopper was the first Enron executive to be convicted in the Enron scandal after pleading "guilty to single counts of conspiracy to commit wire fraud and conspiracy to commit money laundering"(Johnson), and agreed to pay $12 million in damages. More recently, after having his assets frozen for some time, "former chief financial officer ... , money laundering and conspiring to inflate Enron's profit. Fastow is the highest-ranking Enron officer to face criminal charges"(Johnson). Fastow was later charged with "78 counts of fraud and conspira...

• Word Count: 1040
• Approx Pages: 4
• Grade Level: Undergraduate

... the jurors! Another example of bad ethical decisions made by a big name company can be found examining the behaviors of Adelphia Communications. The founder and his son were convicted of conspiracy bank fraud and securities fraud. Another son actually seemed to have some morals because he pled guilty to making a false documentation. World.Com, a huge communications company, admitted in June 2002 ... that international accounting irregularities made the company look like they were almost $4 billion more profitable than it was. Further investigation had CEO, Bernie Ebbers, convicted of fr...

• Word Count: 832
• Approx Pages: 3
• Grade Level: Undergraduate

... penalties for defrauding shareholders of publicly traded companies. In March 2003, the USA Attorney for the Northern District of Alabama charged the Vice President of Finance of Health South with conspiracy to commit wire and securities fraud in a $1.4 billion scandal and four former CFOs pled guilty to fraud charges. Part of the charge was under "the executive certification" clause of the ... ...

• Word Count: 720
• Approx Pages: 3
• Grade Level: Undergraduate

... family members with lavish personal gifts, too include a $13 million dollar golf course. The indictment of chief officers' has included 24 counts of securities fraud, wire and bank fraud, and conspiracy in a scheme to defraud investors by making false statements about the company's off-balance sheet debt and inflated operating expenses, and improper use of company's funds. Both of the aforementioned ... ...

• Word Count: 1133
• Approx Pages: 5
• Has Bibliography
• Grade Level: High School

... who were forced to pay the price. Cendant's executive vice president for international operations, senior vice president for accounting, and Cendant's vice president for business development all pleaded guilty to conspiracy and aiding and abetting wire fraud. Each of these executives may face up to several years in prison. Some options that could have helped to prevent or deter these practices ... ...

• Word Count: 532
• Approx Pages: 2
• Grade Level: Undergraduate