why did enron collapse

Enron was a company that traded energy like electricity and gas. They did something called falsified accounting, which means that they lied about how much money they had or how much money was coming in. This was illegal and the government found out and punished Enron, which caused the company to go out of business. Everyone who worked at Enron lost their jobs and many people lost a lot of money from investments they had made in Enron.