Ex-WorldCom sentenced to 25 years in prison
Ebbers guilty of directing biggest accounting fraud.
A toughest sentence imposed on an executive since the fall of Enron in 2001 touched off a record-breaking wave of business scandals.
It was just more than three years ago that the fraud at WorldCom began to come to light, reducing shares of stock once worth more than $60 to mere pennies. Billions of dollars in market value vanished.
Detailed Story:
A toughest sentence imposed on an executive since the fall of Enron in 2001 touched off a record-breaking wave of business scandals.
It was just more than three years ago that the fraud at WorldCom began to come to light, reducing shares of stock once worth more than $60 to mere pennies. Billions of dollars in market value vanished.
Detailed Story:
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