From Volkswagen’s Dieselgate to Martin Shkreli, the former CEO of Turing Pharmaceuticals, to Sepp Blatter, the disgraced former head of soccer’s international governing body, 2015 did not disappoint on corporate scandals. The allegations weren’t as big as, say, Enron or Madoff, the characters were just as captivating. Shkreli was defiant on Twitter. Perhaps the most blatant was Volkswagen, which ran commercials of its engineers as angels even when company officials were setting up elaborate systems to lie to customers and get around pollution controls. Here are the worst corporate scandals in Europe, list created by Insidermonkey experts.
With the documentary Inside Job winning an Oscar, you'd think that massive financial fraud is a modern invention. Well, think again. History is full of scams and frauds that removed billions of dollars from the pockets of investors and destroyed entire economies. This post contains some of the most memorable. There is one huge difference, though, between the Great Wall Street Ripoff and the all the rest of these history-making scams. Take these 8 worst corporate scandals in Japan, for instance. It isn’t any different in America or Europe as well.
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