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Subject:  WorldCom's Ebbers Convicted of All Counts Date:  3/15/2005  1:31 PM
Author:  zoningfool Number:  524 of 532

WorldCom's Ebbers Convicted of All Counts
Tuesday March 15, 1:08 pm ET

Former WorldCom Chief Bernard Ebbers Is Convicted of All Counts Related to Accounting Fraud

NEW YORK (AP) -- Bernard Ebbers, who built WorldCom from a humble Mississippi long-distance concern into a telecommunications titan, was convicted Tuesday of engineering the colossal accounting fraud that sank the company.

A federal jury in Manhattan deliberated eight days before returning guilty verdicts on all counts -- one count of conspiracy, one count of securities fraud and seven counts of false regulatory filings. The crimes carry up to 85 years in prison....

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