This research analyzes the ethical accounting and financial dilemmas that have become part of Latin America in the face of continuous fraud, due to mismanagement, prevalence of private interests and evident misuse of a country’s economic heritage, highlighting with greater urgency those that have caused devastating consequences to the societies where they have occurred, therefore it is worth mentioning that the research focuses exclusively on 5 cases from 5 countries that according to the control and observation entities such as the Corruption Perception Index (CPI) are considered as corrupt within the Latin American field in the year of 2017. Therefore, the following variables were determined for the investigation in each case: country, name of the case, estimated economic loss, punctuation according to the Corruption Perceptions Index, development of the case, companies and persons involved and the judgments or judgments of each process.