Worldcom Scandal - Free Essay Examples And Topic Ideas

The WorldCom scandal was a major accounting scandal that occurred in the early 2000s. It involved fraudulent accounting practices by senior executives at WorldCom, a telecommunications company based in the United States. The scandal led to the collapse of the company and the loss of billions of dollars of investors’ money. The CEO, Bernard Ebbers, was eventually convicted and sentenced to prison. The scandal had a major impact on the accounting industry and led to changes in regulations and corporate governance practices.

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