# 6 Qwest Communications

Qwest Communications is a telecommunications company spread across to 14 states in the US. In 2002, it was discovered that the company had engaged in fraudulent accounting practices resulting to the overstatement of its revenues generated from its deals with Enron. Qwest Communications is exists till date.

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# 7 Bank of Credit and Commerce International (BCCI)

Bank of Credit and Commerce International (BCCI) is based in Karachi, Pakistan and was founded in 1972. It was registered in Luxembourg, London by Aga Hasan Abedi. BCCI was a major international bank operating in 78 countries with 30,000 employees.  It was the seventh largest private bank until 1991 when it got closed. BCCI was involved in the largest scandals in the financial history with more than $ 20-billion. More than the $13 billion funds in the bank are unaccounted. Other allegations imposed against the bank include bribery, money laundering, smuggling, the sale of nuclear technologies and support of terrorism etc.

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