Bernie Ebbers To Start Serving 25 Year Sentence
WorldCom founder Bernie Ebbers, age 65, will report to federal prison tomorrow to begin serving his 25 year sentence for fraud. For Ebbers, it is a life sentence.
In the category of longest prison sentence, WorldCom Inc. founder Bernard J. Ebbers recently bested the organizer of an armed robbery, the leaders of a Bronx drug gang and the acting boss of the Gambino crime family.
Also on Tuesday, Enron's former Chief Financial Officer Andrew Fastow will be sentenced. He cooperated with the Government and faces no more than ten years in prison.
Exercising one's constitutional right to a jury trial has never been more perilous. Ebbers' cohort, Scott Sullivan, the architect of the WorldCom scheme, was sentenced to only five years after he decided to cooperate and testify against Ebbers. Ken Lay was facing 25 years after his conviction, and Jeff Skilling is looking at the same, after they went to trial and were convicted, in large part due to Fastow's testimony against them.
The Washington Post article focuses on this issue:
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