Please discuss Lehman Brothers fraud case briefly. Here are some questions that you need to answer. What cause the perpetrators/fraudsters to commit fraud? Suggestion to avoid the recurrence of the fraud - link to accounting knowledge.

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Please discuss Lehman Brothers fraud case briefly. Here are some questions that you need to answer.

  • What cause the perpetrators/fraudsters to commit fraud?
  • Suggestion to avoid the recurrence of the fraud - link to accounting knowledge.
  • Penalties given to the fraudsters

explain briefly.

https://corporatefinanceinstitute.com/resources/knowledge/finance/lehman-brothers/#:~:text=Lehman%20Brothers%20was%20forced%20to,bankruptcy%20filing%20in%20U.S.%20history.
 
https://som.yale.edu/sites/default/files/files/001-2014-3A-V1-LehmanBrothers-A-REVA.pdf
 
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