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Six years later, 'Belgian Enron' comes to trial - MarketWatch

Before its collapse, Lernout & Hauspie was hailed as one of Europe's rare technology success stories. Founded by two entrepreneurs in the city of Ieper in Belgium, the company emerged from nowhere to become the dominant world player in speech-recognition software, which translates spoken words into the digital bits and bytes used by computers.

Lernout & Hauspie used its high-priced stock to buy up U.S. rivals and built an ambitious, ultra-modern campus in the spiral shape of a cochlea, or inner ear. At one point it had a market value of nearly $10 billion.
The dream ended in late 2000, when Lernout & Hauspie filed for bankruptcy protection amid a burgeoning accounting scandal. An internal investigation at the time concluded that as much as one-third of its revenue in the prior two-and-a-half years had been improperly recorded, while a subsequent probe conducted at the behest of new management found that most sales in the company's supposedly large South Korean unit had been fabricated.

At the heart of Lernout & Hauspie's woes was a repeated pattern of recording revenues from supposedly independent parties that in reality were funded by Lernout & Hauspie or related entities. In a 2000 interview, co-founder Jo Lernout defended the accounting practices as proper. The company eventually was disbanded and its assets sold for a tiny fraction of their earlier value.

このケースも従業員レベルではなく、上層経営陣による不正ということよね。どうしたら、こういうことをしているのかわかるのかな？