Ebbers jury weighs up evidence
PrintDeliberations and cogitations
Posted in Financial News, 7th March 2005 11:57 GMT
Free whitepaper – Blade learning lab and technical community
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
Free whitepaper – PowerEdge M1000e, M600 and M605 spec sheet
What Exchange can't do - and Dell can
Enabling the Agile Data Center
Hosted CRM Can Be Your Secret Weapon to Success!
Market Primer: ERP Systems
Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter