Coal Case Studies

Rio Tinto’s Mozambique coal scandal shows how executives under pressure could be tempted to commit fraud – and how internal whistleblowers can reveal the truth.

Lenders have accused Murray Energy of fraudulent transfer and breach of fiduciary duty, as well as manipulating financial information to avoid violating a bankruptcy financing agreement.

An investigation into the nation’s largest coal company revealed that it had knowingly not disclosed the full financial risks associated with new environmental regulations to shareholders over a period of several years.

From 2001 to 2011, several Minnesota businessmen solicited major investments in a clean coal machine that they knew didn’t work, committing securities fraud in the process.