Video| Where Are They Now? The outcome of five major financial-fraud trials |
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| Company | Status | Prison Sentence |
| WorldCom | ||
| Bernard Ebbers, former CEO | Guilty verdict | 25 years |
| Scott Sullivan, former CFO | Pleaded guilty | 5 years |
| David Myers, former controller | Pleaded guilty | 1 year, 1 day |
| Buford Yates, former accounting director | Pleaded guilty | 1 year, 1 day |
| Enron | ||
| Kenneth Lay, former chairman | Guilty verdict | Deceased |
| Jeffrey Skilling, former CEO | Guilty verdict | Due to be sentenced 10/23 |
| Andrew Fastow, former CFO | Pleaded guilty | 6 years |
| Lea Fastow, former treasurer | Pleaded guilty | 1 year |
| Michael Kopper, former managing director | Pleaded guilty | Due to be sentenced 11/03 |
| Adelphia | ||
| John J. Rigas, founder | Guilty verdict | 15 years |
| Timothy Rigas, former CFO | Guilty verdict | 20 years |
| Michael Rigas, former executive VP | Not guilty* | — |
| James R. Brown, former vice president | Pleaded guilty | Awaiting sentencing |
| Michael C. Mulcahey, former assistant treasurer | Acquitted | — |
| Tyco | ||
| Dennis Kozlowski, former CEO | Guilty verdict | 8 to 25 years |
| Mark Swartz, former CFO | Guilty verdict | 8 to 25 years |
| Mark Belnick, former general counsel | Acquitted | — |
| HealthSouth | ||
| Richard Scrushy, former CEO | Acquitted | — |
| Malcolm McVay, former CFO | Pleaded guilty | 7 days** |
| Weston Smith, former CFO | Pleaded guilty | 2 years, 2 days |
| William T. Owens, former CFO | Pleaded guilty | 5 years |
| Michael Martin, former CFO | Pleaded guilty | 3 years |
| Aaron Beam Jr., former CFO | Pleaded guilty | 3 months |
| Emery Harris, former assistant controller | Pleaded guilty | 5 months |
| *Found not guilty of conspiracy and wire fraud. Will be retried on 15 other charges. **Sentence has been appealed by the federal government and is under review. |
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Source: CFO research, various reports
Reader CommentsDisplaying 2 of 2
David Newman
Sep 30, 2006 3:13 PM ET
Good layout
Good table layout of these corrupt actors and their associated sentences. Too bad most of the sentences were not … more
Habib Abby Habibou
Sep 29, 2006 9:00 PM ET
Investment Banker
Hi, Excellent draft,keep the good work. HAbibou
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