Sullivan, Scott
Sullivan, Scott Finance Definition
The
former chief financial officer of WorldCom Inc., whose accounting machinations
plunged the company into bankruptcy and resulted in his being indicted, in
April 2003, on federal charges of defrauding banks out of billions of dollars
that were given as loans. He was accused of lying to the banks when he attested
to the accuracy of financial statements that the government has alleged were
fraudulent.
