Enron was an American Energy, commodities, and services company based out of Houston. The company went bankrupt on December 2, 2001. They were top of the energy market for many years. Unfortunately they used accounting fraud in order to look like they were doing better than they were.

They were sending out accounting reports saying the company was doing better than it really was. This led to them charging more for stocks and hiring more employees. This was a very unethical decision by the company. They would file for bankruptcy, rip off thousands of investors, and lay off hundreds of employees. This is a prime example of unethical accounting fraud.