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Bernard Ebbers

Bernard Ebbers was a Canadian-born businessman who co-founded WorldCom, a major telecommunications company. He played a key role in the company's growth during the 1990s and early 2000s. However, he became infamous for his involvement in one of the biggest corporate accounting scandals in U.S. history. Ebbers was found guilty of fraud and conspiracy for participating in a scheme to hide financial losses, which led to the company's collapse in 2002. He was sentenced to 25 years in prison but was released early due to health issues. His case remains a significant example of corporate misconduct and the importance of financial transparency.