From your own personal observation, if applicable, or based on what you have heard, discuss the types of frauds that can be committed by employees and consumers against organizations. Assess some of the consequences of those employee or consumer frauds.
View the video Enron Scandal (Links to an external site.). Using this and other sources, identify the types of financial frauds perpetrated by the now defunct Enron Corporation top management that led to its demise. What were some of the rationalizations put forth by top management for the financial fraud? Did top management admit it was committing fraud?