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Worldcom Chief Charged with Fraud

By Robert Smith

Published March 1, 2004 at 9:00 PM PST

Former Worldcom chief Bernard Ebbers is indicted on charges that he participated in an $11 billion accounting fraud at the company. In the same investigation, former Worldcom chief finance officer Scott Sullivan pleads guilty and will cooperate with federal prosecutors. Ebbers and Sullivan are charged with securities fraud and conspiracy. NPR's Robert Smith reports.