>>9781066>Public companies have to get a mandatory audit every year.LOL, and so what?
The example of Microscribe from earlier had the CEO of the company destroy all records of that audit, including breaking into the auditor's building to steal shit and changing the documents there
No one found out any of taht shit happened.
Plus, that CEO involved a lot of other high up employees and their own accountants.
Again, after YEARS of fraud, and suspicion on why their company was doing great while all other similar companies were doing bad, they were still never caught. It's only after LAY OFFS 4-5 YEARS LATER, that one of the conspirators squealed and people started getting arrested.
pic is the type of brick that was sold as a hard drive by Microscribe. They put 26,000 of these into hard drive boxes, shrink wrapped on pallets, and NO ONE FOUND OUT.
In short, fraud is very easy to do and you're only caught if you run out of money to hush up everyone involved.