Bernard Ebbers, former CEO convicted in corporate scandal, dies at 78 - News Summed Up

Bernard Ebbers, former CEO convicted in corporate scandal, dies at 78


A former telecommunications executive convicted in one of the largest corporate accounting scandals in U.S. history died just over a month after his early release from prison. Bernard Ebbers was 78. The former WorldCom chief died Sunday, according to a family statement cited by WAPT-TV in Mississippi. Ebbers was convicted in New York in 2005 on securities fraud and other charges and received a 25-year sentence. At the time, attorney Graham Carner told the judge it was possible his client might not live 18 more months.


Source: Los Angeles Times February 03, 2020 07:40 UTC



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