Search results
Results from the WOW.Com Content Network
Cynthia Cooper is an American accountant who formerly served as the Vice President of Internal Audit at WorldCom.In 2002, Cooper and her team of auditors worked together in secret and often at night to investigate and unearth $3.8 billion in fraud at WorldCom [1] which, at that time, was the largest corporate fraud in U.S. history.
The fraud was uncovered in June 2002 when the company's internal audit unit led by unit vice president Cynthia Cooper discovered over $3.8 billion of fraudulent balance sheet entries. Eventually, WorldCom was forced to admit that it had overstated its assets by over $11 billion. At the time, it was the largest accounting fraud in American history.
In June 2002, a small team of internal auditors at WorldCom led by division vice president Cynthia Cooper and senior associate Eugene Morse worked together, often at night and secretly, to investigate and reveal what was ultimately discovered to be $3.8 billion worth of fraudulent entries in WorldCom's books.
Cynthia Cooper may refer to: Cynthia Cooper-Dyke, née Cynthia Cooper, basketball player; Cynthia Cooper (accountant), whistleblower who exposed fraud at Worldcom
Sherron Watkins (born August 28, 1959) is an American former Vice President of Corporate Development at the Enron Corporation.Watkins discovered and reported the 2001 Enron scandal to Enron's then-CEO Kenneth Lay.
Bernard John Ebbers (August 27, 1941 – February 2, 2020) was a Canadian-American businessman and the co-founder and CEO of WorldCom.Under his management, WorldCom grew rapidly but collapsed in 2002 amid revelations of accounting irregularities, making it at the time one of the largest accounting scandals in the United States.
Scott D. Sullivan is the former chief financial officer, secretary, treasurer, and a board member of WorldCom, who was convicted as part of WorldCom's $3.8 billion accounting fraud, at the time the largest scandal of its kind in U.S. history.
Cynthia Cooper: Female Worldcom: Exposed corporate financial scandal. Jointly named Time's People of the Year in 2002. [136] 2002 Sherron Watkins: Female Enron: Exposed corporate financial scandal as Enron vice president in 2001. Watkins was named Time's People of the Year in 2002. [136] [137] 2002 Coleen Rowley: Female Federal Bureau of ...