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- 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 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
- 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
- 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
- WorldCom scandal | Research Starters | EBSCO Research
The WorldCom scandal is one of the most significant accounting frauds in United States history, involving the misstatement of approximately $11 billion in earnings
- WorldCom, Inc. - SEC. gov
The Securities and Exchange Commission filed a civil action yesterday in federal district court in New York charging major global communications provider WorldCom, Inc with a massive accounting fraud totaling more than $3 8 billion
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