Current Events — HabitableZone

Current Events

"Architect" of 11 Billion Dollar Fraud gets only 5 years.

Scott Sullivan, who was the architect of the biggest financial accounting fraud in the US gets only five years. Why so little?
Because even though he "cooked the books" and devised devious plans, he told on his boss Bernie Ebbers and HE got 25 years. Two others in this case each received a year and a day and the bookeeper got five months. Add up all that prison time = 32 years and five months and two days and divide that by 11 BILLION dollars.

I think this is sending the wrong message to corporate America. That roughly translates that you can steal about 340 MILLION each and do only a year of time.
(Oh, and don't get whiney that his wife is sick, and they have a little four year old daughter to take care of. After all, he has already agreed to sell the $11 million mansion he is building with his wife in Boca Raton, Fla., to settle a lawsuit brought by former WorldCom shareholders.
The house is a lavish, 30,000-square-foot, Mediterranean-style mansion with 10 bedrooms, nine bathrooms and seven fireplaces made of carved stone and mahogany.)
SEVEN fireplaces!

Hmmmm....maybe I'm in the wrong <profession>? Please vote and see where the rest of America stands on this.

Log in or register to post.

The whole thread (7 posts)