Tyco: Mini Enron, or framed for fraud? | Multi Level Mondays

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Tyco is a security company that operates in security solutions and fire protection. In early 2002 they faced a massive scandal when the chairman/CEO and the CFO (Kozlowski and Swartz) were accused of stealing more than 150 million from the company. They recovered but were largely seen as a mini ‘Enron’ at the time. This was driven by individual greed as opposed to shady accounting practices.

Welcome to Multi Level Mondays, a weekly series all about multi level marketing, pyramid schemes, and ponzi schemes.

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Writers/Researchers/Helpers:
Ali Zagame
Jess Hubbert

This episode was edited by:
Doing Family: https://www.youtube.com/c/DoingFamily

This episode's audio was mixed by:
G. Thomas Craig

Artists:
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Outro song is Cake by Retrovision

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#iilluminaughtii #tyco

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