Examples Of Misappropriation Of Enron

Decent Essays
The management of Enron Company raised the company’s price share over a short period through misappropriation of accounts, which misrepresented the company’s profits to investment relations campaigns. Through such malpractices, the management managed to sell 1.75 million shares of worth more than $1 billion at a price ranging from $80-$40 down. There was contradiction, lack of transparency in Enron has published financial statements, and its financial status as it was at that moment. The misappropriation of funds and accounts was a deliberate and intentional strategy of Enron’s Corporation top management, which was a direct show of fraudulent activities and dishonesty undertaken in the company

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