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Former WorldCom executives Scott Sullivan and Buford Yates Jr. have been indicted on securities fraud and other charges for allegedly hiding billions of dollars in costs from investors and auditors. The indictment came four weeks after Sullivan and former WorldCom controller David F. Myers were arrested on a criminal complaint in what is believed to be the largest accounting fraud in American history.
August 29, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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