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World Most expensive Scams

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World Most expensive Scams

When it comes to financial fraud, it is considered to be a major crime in the world and thus life sentences have been awarded to the perpetrators. The list of such frauds is long, which have witnessed to a dreaded outcome of people involved in it. People from all sorts of background are seen committing these crimes and most of them remain on paper as big players in the market. Furthermore, the experts call financial fraud to be a serious white collar crime, which comes with the heavy punishment; however, the details of these frauds are simply stranger than fiction. Well, it would be interesting to catch the list of world most expensive scams as under:



Enron – The Company was based in Houston and had witnessed a mighty collapse in the year 2001 after it had witnessed some failed merger, which led to the largest US bankruptcy. Enron was seen committing a fraud with the overstating earnings. There are several executives, which were found guilty at numerous criminal activities from money laundering and justice.

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