Ex-CEO of WorldCom Charged with Fraud

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http://www.latimes.com/business/la-fi-ebbers28aug28,1,985304.story?coll=la-home-leftrail Bernard J. Ebbers, who as head of WorldCom Inc. was a leading figure in the 1990s telecom gold rush, was charged Wednesday with securities fraud in Oklahoma, marking the first criminal action to be brought against the former corporate titan. Ebbers was named in a 15-count document alleging that he and five other employees engaged in an extensive accounting fraud that drove WorldCom into the . . .

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