Wealth Inequality in Corporate Structures — How Corporate Fraud Deepens Wealth Gaps
Excerpt:
In today's corporate world, fraud is more than just an ethical failure—it's a driving force behind the widening wealth gap. When executives manipulate financial reports or engage in insider trading, it's not just the company's reputation on the line. The fallout from corporate fraud disproportionately impacts employees, shareholders, and entire communities, leaving the wealthy even wealthier while the rest struggle to recover.
Take the collapse of Enron or Bernie Madoff’s notorious Ponzi scheme—thousands of people lost their jobs, life savings, and retirement funds, while the executives responsible often walked away with millions. In this blog, we dive deep into the ways corporate fraud fuels wealth inequality and explore what can be done to hold corporations accountable.
Read on to discover how corporate greed shapes our economy and what steps we can take to level the playing field.