Besides The Year of The Snake, there are some scams that happened in 2001: Enron scandal In October 2001, the American energy company Enron filed for bankruptcy after widespread internal fraud was revealed. This was the largest bankruptcy reorganization in US history at the time. Strip search phone call scam A male caller would contact a manager or supervisor at a fast-food restaurant, grocery store, or video rental store and ask for help detaining a suspected employee or customer. The caller would then ask the manager to strip search the suspect, and gradually escalate the tasks to become more sexual in nature. WorldCom scandal In the third quarter of 2001, large amounts of money were transferred from the income statement to the balance sheet. This was discovered by employees Cooper and Morse, who worked at night to avoid detection. Ketan Parekh Parekh was involved in circular trading with a variety of companies, including Global Trust Bank and Madhavpur...
from mysterious file 88