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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 767 |
Essay's paper body
Gateway Inc were found guilty on charges of fraud, making false statements to the accountant, violating record-keeping provisions of federal securities laws and aiding and abetting (Ames, 2007).
According to the SEC the two of them concealed important information about the company's success from the investors...
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In one of their schemes the company was offering credit to customers whose credit applications had previously been denied. The executives were reporting how good the company sales were doing without letting the stockholders know they were making such risky loans.
Issue Response
Gateway has to regain the trust of investors and of the public because of this unethical business practice with the new CEO of the company...
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