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Former WorldCom controller David Myers, left, is led from Federal Plaza by authorities after surrendering to face federal charges for accounting fraud on Aug. 1 in New York. Former CFO Scott Sullivan and Myers were dismissed from WorldCom in June after the company admitted it falsely accounted for $3.8 billion in expenses, allowing executives to continue reporting profits when the company was actually losing money.
AP/Louis Lanzano
Former WorldCom controller David Myers, left, is led from Federal Plaza by authorities after surrendering to face federal charges for accounting fraud on Aug. 1 in New York. Former CFO Scott Sullivan and Myers were dismissed from WorldCom in June after the company admitted it falsely accounted for $3.8 billion in expenses, allowing executives to continue reporting profits when the company was actually losing money.
Chicago Tribune
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Two former top financial officers at WorldCom Inc. turned themselves over to federal authorities today and were taken to a New York federal court in handcuffs to face charges of criminal fraud.