Feeds

No verdict yet in Ebbers fraud trial

Deliberations resume today

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

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

Secure remote control for conventional and virtual desktops

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.