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Wednesday, July 13, 2005

Ebbers sentenced to 25 years
Tom Henry at 11:46 AM ET

[JURIST] Former WorldCom [MCIWorldCom website] CEO Bernard Ebbers [JURIST news archive] was sentenced Wednesday to 25 years in prison. US District Court Judge Barbara Jones handed down the sentence three years after WorldCom collapsed in an $11 billion accounting fraud, losing billions for investors. In March 2005 Ebbers was found guilty of fraud, conspiracy, and filing false documents with regulators. Reuters has more.



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