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Wednesday, March 16, 2005

WorldCom Criminal Conviction Scorecard

Here is your updated WorldCom criminal conviction scorecard:

  1. Bernie "Hit the Numbers" Ebbers: Former WorldCom CEO.  Found guilty by a jury yesterday of one count each of fraud and conspiracy and seven counts of filing false financial reports. Ebbers reportedly faces up to 85 years in prison. Sentencing is set for June 13.
  2. Scott "1998 CFO of the Year" Sullivan: Former WorldCom CFO.  Pleaded guilty in March 2004 to one count of conspiracy to commit securities fraud, to make false filings with the SEC, and to falsify books and records of WorldCom; and two counts of securities fraud.  Faces up to 25 years in prison. 
  3. David "Puppy Dog" Myers: Former WorldCom Controller.  Pleaded guilty in September 2002 to three felony counts.  Faces up to 20 years in prison.
  4. Buddy "Where Do I Sign My Confession" Yates: Former WorldCom Accounting Director.  Pleaded guilty in October 2002 to two counts of securities fraud and conspiracy. Faces up to 15 years in prison.
  5. Betty Vinson: Former WorldCom Accountant.  Pleaded guilty in October 2002 to one count of securities fraud and one count of conspiracy to commit securities fraud.  Faces up to 15 years in prison.
  6. Troy Normand: Former WorldCom Accountant.  Pleaded guilty in October 2002 to one count of securities fraud and one count of conspiracy to commit securities fraud.  Faces up to 15 years in prison.

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