Company News » Ebbers to face WorldCom fraud charges

Link: WorldCom scandal

The charges include conspiracy to commit securities fraud, securities fraud and filing misleading information with the US Securities and Exchange Commission.

And former finance director, Scott Sullivan, has pleaded guilty to three criminal charges: conspiracy, fraud and making false statements to regulators about WorldCom’s financial state.

The news was revealed by John Ashcroft, US attorney general.

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