retirement fraud - Financial Fright

Case Studies

Enron Accounting Fraud: How Employees Lost Their Retirement

A dark, gritty feature image illustrating the Enron Accounting Fraud, showing Jeffrey Skilling and Andrew Fastow at a press podium under harsh lighting, with the title 'ENRON ACCOUNTING FRAUD' in red stencil text above them.

America’s 7th largest company. “Most Innovative Company” six years running. Then one analyst asked: “How exactly are you making money?” The CEO attacked him. Three months later, Enron filed bankruptcy. $74 billion in market value vanished. 20,000 employees lost everything. Their 401(k)s were frozen while executives sold $1 billion in stock. This is Enron—the fraud that rewrote accounting rules.

BBO
November 8, 2025

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Personal Finance Disaster

When Retirement Fraud Steals Your Future

You spent 40 years building your nest egg. Then a phone call changed everything. Retirement fraud schemes drain $3.4 billion from American seniors annually—and the predators targeting your life savings are closer than you think. They’re patient, they’re professional, and they’re hunting right now.