BusinessBusiness RecoveryEbbers sentenced to 25 years in jail

Ebbers sentenced to 25 years in jail

Former WorldCom chief executive given stiff sentence by US District Judge

Bernie Ebbers has been sentenced to at least 25 years in federal prison for
his part in the biggest fraud case in accounting history.

US District Judge Barbara Jones ignored Ebbers’ defence lawyers’ requests for
leniency, handing the 63-year-old a severe prison term. ‘This is not a minor
fraud,’ she told a packed Manhattan courtroom.

The sentence was initially reported about 11:30am EDT as being 30 years, but
minutes later was reduced to 25 years. US government prosecutors had sought a
maximum 85-year sentence.

Related Articles

Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

1w Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

1w Emma Smith, Managing Editor
KPMG appoints new global head of insolvency

Business Recovery KPMG appoints new global head of insolvency

4w Emma Smith, Managing Editor
EY hired by Carillion to review finances

Accounting Firms EY hired by Carillion to review finances

5m Alia Shoaib, Reporter
Using insolvency as a debt recovery tool

Business Recovery Using insolvency as a debt recovery tool

6m Emma Smith, Managing Editor
UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

Business Recovery UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

8m Alia Shoaib, Reporter
Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

Business Recovery Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

9m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor