manipulated accounts
[məˈnɪpjuleɪtɪd əˈkaʊnts]
noun phrasepl: manipulated accounts
contas manipuladas
1. Financial records or statements that have been intentionally altered, falsified, or misrepresented to conceal the true financial condition or to commit fraud
The auditors discovered manipulated accounts that showed inflated revenues.
Os auditores descobriram contas manipuladas que mostravam receitas inflacionadas.
2. Business or personal accounting records where data has been deliberately changed to mislead investors, creditors, or regulatory authorities
The company's CEO was arrested for maintaining manipulated accounts over several years.
O CEO da empresa foi preso por manter contas manipuladas durante vários anos.
This term is frequently used in both Brazilian and American business and legal contexts, particularly in discussions of corporate scandals, tax evasion, and financial crimes. In Brazil, such practices violate the Lei das Sociedades Anônimas (Corporate Law) and can result in criminal prosecution. The term gained prominence in major scandals like Enron in the USA and JBS in Brazil.
NYC Slang
cooked books, fudged numbers
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