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Documenting the truth

Back to Individuals

Scott Sullivan

high risk

Scott Sullivan

Former WorldCom CFO

Orchestrated $11B Accounting Fraud

Overview

Chief Financial Officer of WorldCom who orchestrated the largest accounting fraud in U.S. history at the time, inflating earnings by $11 billion through fraudulent accounting entries. Cooperated with prosecutors and testified against CEO Bernard Ebbers.

Key Affiliations

WorldCom

CFO

Controversies & Concerns

Orchestrated $11 billion accounting fraud

Cooperated with prosecutors against CEO

WorldCom bankruptcy was largest in U.S. history at the time

Related Investigations (2)

WorldCom FraudCorporate Fraud

WorldCom: $11 Billion Accounting Fraud That Destroyed Telecom GiantCorporate Fraud

Sources & Documentation

1 documented sources from official records, investigations, and reports

SEC: WorldCom Case(2005)

Personal Information

Education

•SUNY Oswego

Key Timeline

2002

WorldCom fraud exposed

2005

Sentenced to 5 years after cooperation