Bernard Ebbers, 2005 News

former chief executive of WorldCom, a telecommunications giant, was found guilty in March of conspiracy, securities fraud, and seven counts of filing false reports. He was sentenced to 25 years in prison in July. Ebbers's manipulation of the books to hide lagging sales amounted to a record fraud of $11 billion. WorldCom declared bankruptcy in 2002, the largest claim in U.S. history.

2005 People in the News