|waste management scandal 1998 details||0.02||0.1||6496||20|
In 1998, Waste Management was involved in the largest accounting scandal involving an American company to date. Under the company’s founder and chairman Dean Buntrock, Waste Management implemented unsavory accounting practices which directly inflated the company’s net income by $1.7 billion in 1998.What was the waste management accounting scandal?
Waste Management Inc. is a waste company founded in the year 1968 by Larry Beck in the USA. Various frauds were discovered in the company in the year 1998 which were happening since 1992. The various Board members and officers of the company were found to be manipulating the company's accounting books.What is the waste management scandal?
Waste Management Scandal. Dean Buntrock established Waste Management, Inc. in 1968. Its main purpose is to pick recycling and garbage up from residential housing and businesses. WM also disposes of the garbage in landfills.