The onslaught of fraud in financial statements over the recent decade has been the first of its kind in history.

Question

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Financial statement fraud has occurred throughout history, with well-known examples such as the Enron scandal in the early 2000s and the financial crisis of 2008. While the recent decade has seen high-profile cases such as the fraud at Wells Fargo, it is not the first time financial statement fraud has occurred.

The Onslaught of Fraud in Financial Statements Over the Recent