|
- WorldCom scandal - Wikipedia
The WorldCom scandal was a major accounting scandal discovered in June 2002 at WorldCom, then the second-largest long-distance telephone company in the United States
- WorldCom Scandal: Unraveling Fraud and Bankruptcy - Investopedia
WorldCom was a major telecom company and one of the largest long-distance providers in the U S until its collapse in 2006 due to an accounting fraud scandal and subsequent bankruptcy
- Fraudulent Accounting and the Downfall of WorldCom
The SEC charged WorldCom with civil fraud and reached a $2 25 billion settlement Several executives and the CEO were indicted on charges of securities fraud, conspiracy, and filing false documents with regulators
- The WorldCom Scandal (2002) - International Banker
Coming hot on the heels of accounting scandals involving Enron and Tyco, both of which sent financial markets into tailspins, the fraud committed by WorldCom, one of the world’s biggest telecommunications companies, ended up dwarfing even those infamous crimes in terms of sheer numbers
- The WorldCom Fraud: How the Scheme Unraveled - LegalClarity
The WorldCom Fraud: How the Scheme Unraveled Uncover the technical accounting fraud that cost WorldCom $11 billion We detail the cost manipulation, internal discovery, and executive criminal convictions
- WorldCom - Verizon
WorldCom was a leading communications company that was acquired by Verizon Communications in January 2006 Known as MCI at the time of the merger, WorldCom’s network assets are now part of Verizon Business WorldCom was originally founded in 1983 as Long Distance Discount Service, Inc
- WorldComs $11B Fraud: The Scandal That Changed Business
Today, WorldCom serves as a cautionary tale about corporate greed and the dangers of unchecked executive power The company that once boasted a market capitalization of $186 billion is now remembered only for its spectacular downfall
- WorldCom Scandal: History, Key Players and Discovery
The story of WorldCom is one of the most infamous chapters in the history of corporate America Once a telecommunications giant, WorldCom’s meteoric rise to prominence was followed by a catastrophic fall from grace due to one of the largest accounting scandals in history
|
|
|