The outcome of five major financial-fraud trials |
Company | Status | Prison Sentence |
WorldCom |
Bernard Ebbers, former CEO | Guilty verdict | 25 years |
Scott Sullivan, former CFO | Pleaded guilty | 5 years |
David Myers, former controller | Pleaded guilty | 1 year, 1 day |
Buford Yates, former accounting director | Pleaded guilty | 1 year, 1 day |
Enron |
Kenneth Lay, former chairman | Guilty verdict | Deceased |
Jeffrey Skilling, former CEO | Guilty verdict | Due to be sentenced 10/23 |
Andrew Fastow, former CFO | Pleaded guilty | 6 years |
Lea Fastow, former treasurer | Pleaded guilty | 1 year |
Michael Kopper, former managing director | Pleaded guilty | Due to be sentenced 11/03 |
Adelphia |
John J. Rigas, founder | Guilty verdict | 15 years |
Timothy Rigas, former CFO | Guilty verdict | 20 years |
Michael Rigas, former executive VP | Not guilty* | — |
James R. Brown, former vice president | Pleaded guilty | Awaiting sentencing |
Michael C. Mulcahey, former assistant treasurer | Acquitted | — |
Tyco |
Dennis Kozlowski, former CEO | Guilty verdict | 8 to 25 years |
Mark Swartz, former CFO | Guilty verdict | 8 to 25 years |
Mark Belnick, former general counsel | Acquitted | — |
HealthSouth |
Richard Scrushy, former CEO | Acquitted | — |
Malcolm McVay, former CFO | Pleaded guilty | 7 days** |
Weston Smith, former CFO | Pleaded guilty | 2 years, 2 days |
William T. Owens, former CFO | Pleaded guilty | 5 years |
Michael Martin, former CFO | Pleaded guilty | 3 years |
Aaron Beam Jr., former CFO | Pleaded guilty | 3 months |
Emery Harris, former assistant controller | Pleaded guilty | 5 months |
*Found not guilty of conspiracy and wire fraud. Will be retried on 15 other charges. **Sentence has been appealed by the federal government and is under review. |