Bernard J. Ebbers

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Bernard J. Ebbers

A Canadian businessman who served as CEO of WorldCom for much of its early history prior to 2002. He co-founded WorldCom (then called Long Distance Discount Services) in 1983. After becoming CEO in 2005, he oversaw a number of acquisitions of telecommunications companies, including some of the largest (at that time) takeovers in American history. In 2002, he resigned in an accounting scandal and was sentenced to 25 years in prison in 2005. See also: Enron scandal.