Ebbers sentenced to 25 years in prison
Former WorldCom Chief Executive Bernard Ebbers was handed a 25-year prison term Wednesday for directing the biggest accounting fraud in corporate history, leaving thousands of investors empty-handed.
CNBC and other news organizations originally reported the sentence as between 30 years and life in prison. However, Ebbers’ attorneys were allowed to speak before the final sentence was handed down and the judge ultimately decided to render a final, 25-year verdict.
posted by Fergie @ 7/13/2005 10:01:00 AM
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