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Concept information

Preferred term

Equity Funding Corporation of America  

Definition

  • The Equity Funding Corporation of America carried out a massive accounting fraud regarding mutual funds and life insurance policies in the 1960s and 1970s. Employees of Equity Funding used computers to create fictitious life insurance policies, then sold the policies to other life insurance companies. [Source: Encyclopedia of White-Collar and Corporate Crime; Equity Funding Corporation of America]

Broader concept

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-PCN66QBG-P

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