Business scandals refer to unethical or illegal activities conducted by companies or their executives that can lead to significant public backlash and financial loss. These scandals often involve issues such as fraud, corruption, or misrepresentation of financial information. High-profile cases, like the Enron scandal, highlight how deceptive practices can undermine trust in entire industries. Such scandals can have far-reaching consequences, including legal penalties, loss of investor confidence, and damage to a company's reputation. They often prompt regulatory changes to prevent similar incidents in the future. The fallout from these events can affect employees, shareholders, and consumers alike.