Feeds

No verdict yet in Ebbers fraud trial

Deliberations resume today

  • alert
  • submit to reddit

Intelligent flash storage arrays

The jury in the Bernie Ebbers fraud trial have spent six days weighing up the evidence against the former WorldCom boss but still haven't managed to agree on a verdict.

Ebbers is charged with masterminding the $11bn (£5.8bn) accounting fraud that felled telecoms giant WorldCom in 2002. He denies the allegations insisting he had no knowledge of the financial trickery. He also testified that he didn't have the financial know-how to pull off such a complex fraud.

The Government's star witness, former CFO Scott Sullivan, has already pleaded guilty to his part in the fraud. But under oath he said he took his lead from Ebbers.

On Friday, the jury of seven women and five men called for a flipchart, some marker pens and a copy of Cynthia Copper's evidence. Cooper, reports Reuters, was the company's former VP of audit and the person who first uncovered the book fiddling.

The jury returns Monday to continue its deliberations. ®

Related stories

Ebbers jury weighs up evidence
Ebbers denies knowledge of WorldCom fraud
Sullivan tells of WorldCom fraud fears
Ebbers 'drove Worldcom fraud' - Sullivan

Choosing a cloud hosting partner with confidence

More from The Register

next story
Mighty Blighty broadbanders beg: Let us lay cable in BT's, er, ducts
Complain to Ofcom that telco has 'effective monopoly'
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Virgin Media struck dumb by NATIONWIDE packet loss balls-up
Turning it off and on again fixes glitch 12 HOURS LATER
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.