Corporate fraud
Companies that lied, and how long it took to find out.
5 stories · longest cover-up: hidden 43 yrs
Bernard Madoff
The largest Ponzi scheme in history ran for years while the SEC received repeated warnings.
Volkswagen Dieselgate
About 11 million "clean diesel" cars had software that spotted emissions tests. A university lab caught it.
Enron
America's seventh-largest company hid billions in debt off its books, then went bankrupt within two months.
Theranos
A $9 billion blood-testing startup quietly ran most of its tests on other companies' machines.
FTX
A $32 billion crypto exchange collapsed in nine days after a leaked balance sheet raised one question.