Round tripping refers to various practices where a company engages in transactions that ultimately return to their point of origin, often with manipulative intent. This can include selling and rebuying assets or borrowing and lending money, typically for purposes like money laundering, tax evasion, or inflating financial figures.
An in-depth exploration of the WorldCom scandal, one of the largest accounting fraud cases in history, which involved significant financial manipulations leading to inflated profits and assets.
