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WorldCom: The $11 BILLION Accounting Trick That DWARFED the Enron Scandal

While the world was fixated on Enron, a far more audacious corporate fraud was unfolding behind the scenes. This is the story of WorldCom, a telecommunications empire built on a simple lie that would become the largest accounting fraud in U.S. history. With an astronomical $11 billion in hidden expenses, the company's deception made Enron's look like pocket change.


Join Dark Suits as we expose how Bernie Ebbers, a former gym teacher turned CEO, and his CFO Scott Sullivan orchestrated a fraudulent scheme that tricked investors, auditors, and regulators for years. We break down the shockingly simple accounting trick—reclassifying billions in operational costs as "capital investments"—that allowed WorldCom to report profits while it was hemorrhaging money.


From the dramatic whistleblower testimony of Cynthia Cooper to the devastating personal and economic fallout that led to the Sarbanes-Oxley Act, this episode uncovers the greed and desperation behind one of corporate America's most infamous collapses.