98 Famous Business Scandals Trivia Questions with Answers
98 public questions with answers, drawn from the well. How many can you answer?
Which U.S. company was at the center of the 1973 Equity Funding scandal involving fictitious insurance policies and false financial reports?
Answer
Equity Funding Corporation of America
Which Boeing chief executive resigned in 2019 amid the 737 MAX crisis?
Answer
Dennis Muilenburg
Which investment bank collapsed in 1990 after the junk-bond scandal involving Michael Milken?
Answer
Drexel Burnham Lambert
Which aerospace company admitted secret payments in the 1976 Lockheed bribery scandal?
Answer
Lockheed Corporation
Which company operated the promotion at the center of the 2001 McDonald's Monopoly fraud?
Answer
Simon Marketing
Which U.S. company was at the center of the 1980s savings-and-loan scandal involving Charles Keating?
Answer
Lincoln Savings and Loan Association
Which U.S. secretary of the interior was convicted in the 1920s Teapot Dome scandal?
Answer
Albert B. Fall
Which 1720 financial scandal gave its name to Britain's speculative “bubble” crisis?
Answer
South Sea Bubble
Which company was at the center of the 2001 accounting scandal involving inflated profits and hidden debt at Adelphia?
Answer
Adelphia Communications
Which Wells Fargo CEO resigned in 2016 after the fake-accounts scandal?
Answer
John Stumpf
Which Toshiba president resigned in 2015 after Japan’s major accounting scandal?
Answer
Hisao Tanaka
In the 1991 BCCI scandal, what did the acronym BCCI stand for?
Answer
Bank of Credit and Commerce International
Which newspaper was shut down in 2011 after the News International phone-hacking scandal?
Answer
News of the World
Which cable company was involved in the 2002 scandal over hidden debt and inflated earnings?
Answer
Adelphia Communications
Which CEO was convicted in the 2005 Tyco corporate fraud case?
Answer
Dennis Kozlowski
Which British executive exposed Olympus’s accounting scandal after becoming its CEO in 2011?
Answer
Michael Woodford
Which Indian technology company admitted in 2009 that its accounts had been falsified?
Answer
Satyam Computer Services
Who founded Theranos, the blood-testing company exposed for misleading investors?
Answer
Elizabeth Holmes
What type of fraud did Bernard Madoff operate, according to investigators?
Answer
Ponzi scheme
Which investment firm was exposed in the 2008 scandal involving Bernard Madoff’s Ponzi scheme?
Answer
Bernard L. Madoff Investment Securities
In the WorldCom scandal, what expense category did executives improperly record as investments?
Answer
Operating expenses