But will it stop them becoming jailbirds?
Published: 11 October 2002 12:30 GMT
Two more WorldCom execs have pleaded guilty to fraud in the ongoing investigation into the company's accountancy scandal.
Troy Normand, director of legal entity accounting, and Betty Vinson, the former director of management reporting, both pleaded guilty to securities fraud.
The admissions bring the number of former employees at the bankrupt telco who have pleaded guilty to four. Normand and Vinson join colleagues Buford Yates and David Myers who both pleaded guilty to their parts in the fraud in the last month.
The charges facing the four carry maximum sentences totalling 15 years, with potential additional fines of around $1m.
By pleading guilty and helping with the ongoing enquiry it is likely the four could greatly reduce these punishments.
In order to carry this out you will require the following technical and market understanding: Solid knowledge of accountancy practise and financial ...
Investigation of anomalies and reporting security breaches and internal non compliance to the Security Manager. Essential Experience: • ...
Train clients, staff and 3rd party investigation teams on the use of the proprietary production and review tools. Based from London, this role is to ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Digg
Slashdot
Del.icio.us
Stumble
Reddit
RSS Feeds
Peter Cochrane Peter Cochrane's Blog: How the telcos could save themselves Doomed network operators could thrive with a bit of innovation
Peter Cochrane Peter Cochrane's Blog: Facebook saves teen from prison Another unexpected impact of social networking