The Association of Certified Fraud Examiners has published a fascinating interview in Fraud Magazine with former Enron CFO Andrew Fastow.
Highlights include Fastow describing the pride he felt at the time in “finding the loopholes” and insightful commentary regarding the toxic corporate culture at Enron. He even suggested that inmates at prison camp were easier to get along with than the executives he worked alongside.
“People were incentivized to do the wrong things, and senior management, including myself, set very bad examples by the decisions we were making,” Fastow said in the interview.
Read the full interview for an insider’s view into how fraud can creep into the best-intentioned corporate environment.