• May 25, 2013

WTOK - News - Headlines

WorldCom Exec Indicted

By: Associated Press
Updated: Wed 6:46 PM, Aug 28, 2002

The former chief financial officer for WorldCom has been indicted. Scott Sullivan was charged with securities fraud and other crimes.

Prosecutors say Sullivan led efforts to hide $3.8 billion in company expenses.

Buford Yates, Jr., was also indicted. he's the former head of general accounting for WorldCom.

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