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  1. www.investopedia.com › terms › wThe Rise and Fall of WorldCom: Story of a Scandal - Investopedia

    Jun 14, 2024 · Bernard Ebbers was convicted on one count of securities fraud, one count of conspiracy, and seven counts fraud related to false SEC filings. He was sentenced to 25 years in prison in...

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    • Bernard J. Ebbers, WorldCom Chief Jailed in Fraud, Dies at 78 - The New ...
    • Bernard Ebbers, ex-magnata das telecomunicações, morre aos 78 anos | Exame
    • Bernard Ebbers
    • Bernard J. Ebbers, WorldCom Chief Jailed in Fraud, Dies at 78 - The New ...

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  3. abhaysahukar.substack.com › p › spotting-red-flags-aSpotting Red Flags: A Cautionary Tale of Corporate Greed and...

    Jun 9, 2024 · The fallout from the WorldCom scandal was swift and severe. Bernard Ebbers was sentenced to 25 years in prison for his role in the fraud, and Scott Sullivan received a five-year prison sentence after cooperating with investigators.

  4. www.midhafin.com › worldcom-crisis-detailed-analysis-postWorldCom Crisis – Detailed Analysis & Post-Crisis Response

    5 days ago · WorldCom was a telecommunications company based in the United States. It was founded in 1983 as Long Distance Discount Services (LDDS) by businessman Bernard Ebbers. Over the years, the company grew rapidly through a series of acquisitions, expanding its presence in the telecommunications industry. By the late 1990s, WorldCom had become one of ...

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  6. www.investopedia.com › financial-edge › 01135 Most Publicized Ethics Violations by CEOs - Investopedia

    Jun 20, 2024 · Bernard Ebbers of WorldCom served half his prison term for fraud, dying shortly after his early release. After using corporate funds as his personal piggy bank, Dennis Kozlowski of Tyco went to...

    • Troy Segal
    • 2 min

  7. www.linkedin.com › pulse › spotting-red-flags-cautionary-taleSpotting Red Flags: A Cautionary Tale of Corporate Greed and ......

    Jun 9, 2024 · Bernard Ebbers was sentenced to 25 years in prison for his role in the fraud, and Scott Sullivan received a five-year prison sentence after cooperating with investigators.

  8. fastercapital.com › content › Financial-Deception--The-Art-ofFinancial Deception: The Art of Financial Deception: Embezzlement...

    3 days ago · Ebbers was convicted of fraud, conspiracy, and filing false documents with regulators. 4. The Madoff Investment Scandal: Bernard Madoff - Bernard Madoff's name is often mentioned alongside Ponzi due to his execution of the largest Ponzi scheme in history. Madoff defrauded thousands of investors of approximately $65 billion.

  9. staff.saylor.org › mod › bookRemain Flexible

    Jun 15, 2024 · Avoiding Conflict at WorldCom: The Case of Bernard Ebbers. Figure 10.11 Bernard Ebbers. You could argue that Bernard Ebbers, of the now defunct WorldCom, was one of the biggest conflict avoiders in corporate history.