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About Economic Crime Assignment
Qwest Communications engaged in fraudulent accounting practices from 1999 to 2002, overstating revenues by $3.8 billion. The fraud was revealed by a whistleblower and led to lawsuits and criminal charges against senior executives including CEO Joseph Nacchio. This prompted reforms through the Sarbanes-Oxley Act to improve financial reporting and protect investors.
Detailed Information
| Author: | ['A'] |
|---|---|
| Publication Year: | 2015 |
| Pages: | 5 |
| Language: | English |
| Format: | |
| Price: | FREE |
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