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WorldCom execs plead guilty in multibillion fraud probe
Betty Vinson and Troy Normand pleaded guilty in Manhattan federal court to conspiracy and securities fraud charges tied to WorldCom's accounting scandal. Prosecutors say top management instructed ledger falsifications, with other executives already admitting guilt as the case seeks the former CEO and CFO. The scheme allegedly misstated earnings by up to 9 billion dollars, with more indictments and evidence expected.
MENTIONED IN THIS ARTICLE
New York
WorldCom
Betty Vinson
US District Court
Manhattan
Andrew J. Peck
Troy Normand
Both Nor
Scott Sullivan
Bernard Ebbers