Fraud is the intentional act to misappropriate (steal) assets or misstate the financial statements. Discuss one company that has recently been charged/accused of an accounting scandal. Provide the details on the fraud committed and the impact to shareholders, employees and other stakeholders.

Initial Post: Fraud is the intentional act to misappropriate (steal) assets or misstate the financial statements. Discuss one company that has recently been charged/accused of an accounting scandal. Provide the details on the fraud committed and the impact to shareholders, employees and other stakeholders. Peer Resnonse