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Forensic Accounting, Forensic Techniques, and Fraud Detection Copyrighted 2001 D. Larry Crumbley, ... - page 106 / 352

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© D.L. Crumbley

WorldCom Fraud Massive (contd.)

David Schneedan, CFO at a division, refused to release reserves twice.

E-mail from David Myers, WorldCom comptroller, to Schneedan:

“I guess the only way I am going to get this booked is to fly to DC and book it myself. Book it right now; I can not wait another minute.”

Buddy Gates [director of general accounting] said to an employee complaining about a large accounting discrepancy:

“Show those numbers to the damn auditors, and I’ll throw you out the f_____ window.”

Source: Rebecca Blumenstein and Susan Pullian, “WorldCom Fraud Was Widespread,” Wall Street J., June 10, 2003, p. 3.

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