Bernard Ebbers Bernard Ebbers , founder and former CEO of telecommunications giant WorldCom , now MCI, was sentenced to 25 years in prison for his role in the corporate accounting fraud totaling US$11 billion. The once-powerful company plunged into bankruptcy in July 2002. WorldCom emerged from bankruptcy last year under the name MCI , which was one of the many companies WorldCom had acquired. In May, Verizon agreed to acquire the company.
Bernard Ebbers , founder and former CEO of telecommunications giant , now MCI, was sentenced to 25 years in prison for his role in the corporate accounting fraud totaling US$11 billion. The once-powerful company plunged into in July 2002. WorldCom emerged from bankruptcy last year under the name , which was one of the many companies WorldCom had acquired. In May, agreed to acquire the company.
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Bernard Ebbers
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WorldCom
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bankruptcy
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MCI
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Verizon