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Former WorldCom CEO Gets Early Prison Release

The former WorldCom CEO was in prison for an $11 billion accounting fraud scheme.
Posted at 1:28 PM, Dec 19, 2019

A federal judge granted Former WorldCom CEO Bernie Ebbers early release from prison, citing his deteriorating health Wednesday.

Ebbers' release comes after serving 13 years of a 25-year sentence for his 2005 conviction in an $11 billion accounting fraud scheme with the company.

The judge told reporters, she is releasing him to his family in Mississippi because of his dramatic weight loss and dementia.

Victims of Ebbers' fraud wrote to the judge asking her to keep him in prison, but the judge says keeping him in prison won't get their money back.

Additional reporting from Newsy affiliate CNN.