The story goes....company members had under-reported line costs, as well as inflating the company’s assets by $1 billion (£788m) through fake accounting entries. After an investigation by its internal auditing department, WorldCom uncovered a staggering $3.8 billion (£3bn) in fraud between 1999 and the first quarter of 2002. In July 2002, WorldCom filed for bankruptcy, then in July 2005 Ebbers was sentenced to 25 years in prison for the fraud. To ensure operations would continue in the future, WorldCom merged with MCI Inc Communications, which it is still known as today.
• 100% chino cotton twill
• Unstructured, 6-panel, low-profile
• 3 ⅛” crown
• Adjustable strap with antique buckle
• Head circumference: 20 ½” - 21 ⅝”
• 100% chino cotton twill
• Unstructured, 6-panel, low-profile
• 3 ⅛” crown
• Adjustable strap with antique buckle
• Head circumference: 20 ½” - 21 ⅝”