doctored financial records
[ˈdɒktərd fɪˈnænʃəl ˈrekɔːrdz]
noun phrase
registros financeiros adulterados
1. Financial documents or accounts that have been deliberately altered, falsified, or manipulated to misrepresent the true financial condition of a business or individual
The auditors discovered doctored financial records that showed inflated profits.
Os auditores descobriram registros financeiros adulterados que mostravam lucros inflacionados.
2. Fraudulently modified accounting statements intended to deceive investors, creditors, or regulatory authorities
The company's executives were charged with maintaining doctored financial records to hide losses.
Os executivos da empresa foram acusados de manter registros financeiros adulterados para ocultar perdas.
In both the United States and Brazil, doctored financial records represent serious white-collar crimes prosecuted under corporate fraud laws. In the US, the Enron and WorldCom scandals brought significant attention to this crime, resulting in stricter regulations like the Sarbanes-Oxley Act (2002). In Brazil, similar fraud cases have led to increased scrutiny by the CVM (Comissão de Valores Mobiliários). The phrase carries significant legal and ethical implications in both cultures.
NYC Slang
cooked books, fudged numbers, creative accounting
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