Feeds

Ebbers jury weighs up evidence

Deliberations and cogitations

  • alert
  • submit to reddit

High performance access to file storage

The jury in the WorldCom fraud trial is to spend a second day weighing up the evidence against former WorldCom chief exec Bernie Ebbers Monday. Ebbers is charged with masterminding the $11bn (£5.8bn) accounting scandal that floored WorldCom in 2002.

Former CFO Scott Sullivan - who has already pleaded guilty to his part in the fraud - testified that Ebbers was behind the book fiddling. Ebbers, 63, denies any involvement in the accounting tricks insisting that he was "shocked" when he found out.

On Friday, the seven women and five men began their deliberations and are expected to continue today. After an hour of instruction from US District Judge Barbara Jones the jury retired to begin considering the evidence. They have already requested pieces of evidence and transcripts from the six-week trial.

If found guilty Ebbers could spend the rest of his life in jail. ®

Related stories

Ebbers was 'leader of the con'
Ebbers denies knowledge of WorldCom fraud
WorldCom CFO lied, he admits to court
Ebbers 'drove Worldcom fraud' - Sullivan

High performance access to file storage

More from The Register

next story
Sorry London, Europe's top tech city is Munich
New 'Atlas of ICT Activity' finds innovation isn't happening at Silicon Roundabout
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.