Arthur Andersen shredded literally tons of Enron documents after learning of SEC investigation, running shredders 24/7 β€” documented evidence
🟒 CONFIRMED

After Enron whistleblower Sherron Watkins warned of accounting scandals in August 2001, Arthur Andersen began destroying Enron documents on October 10, 2001. When the SEC announced its investigation on October 17, destruction accelerated. Partners ordered employees to work overtime shredding. Dozens of large trunks hauled documents between offices. The shredder ran 'virtually constantly.' Offices in Houston, Portland, Chicago, and London all participated. The shredding stopped only on November 8 when the SEC served subpoenas. Andersen was indicted for obstruction of justice. The fraud totaled over $74 billion in shareholder losses.

Arthur Andersen shredded literally tons of Enron documents after learning of SEC investigation, running shredders 24/7

CORPΒ·August 15, 2001Β·By Enron Whistleblower Sherron WatkinsΒ·3.8K upvotesΒ·115 comments
What They Said Was Crazy
β€œEnron is hiding massive accounting fraud. Something has to implode β€” I am incredibly nervous that we will implode in a wave of accounting scandals.”
β€” Enron Whistleblower Sherron WatkinsAugust 15, 2001Source

πŸ“„ The Receipts

Destruction of Enron Documents by Andersen (Congress)
www.govinfo.gov/content/pkg/CHRG-107hhrg77569/html...
DOCUMENTOpen
Enron scandal (Wikipedia)
en.wikipedia.org/wiki/Enron_scandal
ARTICLEOpen

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What they said vs. what the evidence shows

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What Actually Happened
DOCUMENT

Destruction of Enron Documents by Andersen (Congress)

ARTICLE

Enron scandal (Wikipedia)

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πŸ“Š How Right We Were

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