WebIn 2005, Sullivan settled the WorldCom Securities Class Action Litigation by, among other things, surrendering the proceeds from the sale of his Boca Raton, Florida home, and his WorldCom 401(k) account. In United States v. Scott D. Sullivan, 02 Cr 1144 (BSJ) (S.D.N.Y.), a parallel criminal action filed by the United States Attorney for the ... WebScott Sullivan, the former Chief Financial Officer (CFO) had previously agreed to plead guilty to similar charges and testify against his former boss, Bernie Ebbers. The consequences …
Ex-WorldCom Executive Forfeits Florida Mansion
Web10 Aug 2005 · Sullivan has already agreed to relinquish his $11 million mansion in Boca Raton, Fla., to settle a class-action lawsuit brought by investors who lost billions of dollars … Web11 May 2024 · Scott Sullivan pleaded guilty, as well, to committing fraud, misleading his employees and WorldCom investors and deceiving the SEC (Lyke & Mark 6). WorldCom’s … discount on turbotax 2021
Former WorldCom Exec Gets Prison - CBS News
Web12 Apr 2024 · WorldCom Organizational Structure. I feel that the fraud was orchestrated by Bernard Ebbers and Scott Sullivan, who was the chief financial officer of the company. … Web3 Aug 2009 · Former WorldCom CFO Scott Sullivan is now out of prison and living in Boca Raton after serving four years of a five-year prison sentence for his role in the company’s … Web11 Aug 2005 · Scott Sullivan, former finance chief at Worldcom, is sentenced to five years in prison. A key architect of rampant accounting fraud at Worldcom, Sullivan provided … four\u0027s company achievement