United States v. Bernard J. Ebbers
Court of Appeals for the Second Circuit
1Opinion of the Court
WINTER, Circuit Judge.
Bernard J. Ebbers appeals from his conviction by a jury on nine counts of conspiracy, securities fraud, and related crimes and from the 25-year jail sentence imposed by Judge Jones.
Ebbers was the Chief Executive Officer (“CEO”) of WorldCom, Inc., a publicly traded global telecommunications company. During the pertinent times — from the close of the fourth quarter of the 2000 fiscal year through the first quarter of the 2002 fiscal year — he engineered a scheme to disguise WorldCom’s declining operating performance by falsifying its financial reports. Although the scheme…
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