WorldCom scandal
id:
worldcom-scandal-177-17670972
title:
WorldCom scandal
text:
The WorldCom scandal was a major accounting scandal that came into light in the summer of 2002 at WorldCom, the USA's second-largest long-distance telephone company at the time. From 1999 to 2002, senior executives at WorldCom led by founder and CEO Bernard Ebbers orchestrated a scheme to inflate earnings in order to maintain WorldCom's stock price.
The fraud was uncovered in June 2002 when the company's internal audit unit led by unit vice president Cynthia Cooper discovered over $3.8 billion o
brand slug:
wiki
category slug:
encyclopedia
description:
Telecom company financial scandal
original url:
https://en.wikipedia.org/wiki/WorldCom_scandal
date created:
2013-10-22T07:39:26Z
date modified:
2024-09-04T07:03:27Z
main entity:
{"identifier":"Q60995769","url":"https://www.wikidata.org/entity/Q60995769"}
image:
fields total:
13
integrity:
15