Biggest financial Scams [Enron, Worldcom, Bernie Madoff] Biggest Fraud on Wall Street [Scandals]
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Hi! Welcome back to my channel.
Insider trading is one of the most widely known problems policed by the SEC, but it’s not the only way investors can be scammed by corporations or their employees. While the SEC and reputable, honest public accounting firms work tirelessly to uncover frauds, a lot of schemes slip through. And though corporate scams make for splashy headlines, a good story does nothing to help investors recoup their losses.
Today I want to review: History’s Biggest Scams and How they unleashed Tsunamis on Wall Street
Watch the video completely to get the top scams so you do not fall prey to them exclusively on my channel. Keep watching this channel for more videos like this.
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0:00 – Start
1:04 – Enron Scam
2:57 – Worldcom Fraud
5:15 – Bernie Madoff Ponzi Scheme
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#ENRON
#PonziScheme
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DISCLAIMER: I am not a financial adviser, CPA, nor a lawyer. These videos are for educational and entertainment purposes only. Investing of any kind involves uncertainty. While it is possible to minimize uncertainty, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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