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Former Chief of WorldCom Indicted Again







Former Chief of WorldCom Indicted Again

Former Chief of WorldCom Indicted Again 05/24/2004 11:23 PM

Federal prosecutors in Manhattan announced Monday a new indictment, which adds six charges of securities fraud, against Bernard Ebbers, the former chief executive of WorldCom Inc.




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Former Chief of WorldCom Indicted Again

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Bernard Ebbers, former CEO of WorldCom (now doing business as MCI), was indicted last week for conspiracy and securities fraud for his alleged role in inflating the value of the company's stock in light of its weakening financial condition.

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Citigroup settles with WorldCom
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