Latest / Follow the Lies: Fraud & Deceit Uncovered
Episode 8: Enron’s $63 Billion Fraud — The Fall of America’s Most Innovative Company
In 2001, Enron was named America’s Most Innovative company for the sixth year in a row. Then, in one day, it collapsed in the largest corporate bankruptcy in U.S. history.
$63 billion vanished. Thousands of employees lost their life savings while executives cashed out hundreds of millions.
Former FBI Special Agent Kevin Barrows breaks down the sophisticated accounting tricks, hidden debt, fake profits, and corporate greed that fueled one of the biggest frauds in American history.
Timestamps:
00:00 The $63 Billion Collapse That Shocked America
02:42 How Enron Became “America’s Most Innovative”…
The skinny
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