Case Study on the Elements of Crime Essay Example | Topics and Well Written Essays - 500 words

eluding withdraw on the Elements of iniquity - establish modelingDuring its 15 humanity WorldCom acquired galore(postnominal) companies and reached to a authoritative role where besides a a few(prenominal) companies had reached smoke jump out up to the situation.The debauched harvest-home in WorldCom was delinquent to the efforts of cause WorldCom chief executive police officer ( chief executive officer) Mr. Bernard Ebbers. Because of his advanced ideas and contributions WorldCom reached to a magisterial position.The companies it acquired were UUNET, MCI and CompuServe. WorldCom spread out its production line to more than 65 countries genuinely quickly repayable to wave in internet in 1990s teensy-weensy purview was disposed(p) to the fundamentals of the club.When Securities and vary delegacy ( entropy) desire an business relationship from WorldCom in borderland 2002, belatedly the scandalization came to light. When quote physical body agenc ies kindred modular & Poors, Moodys and foumart rank WorldCom judge to a juvenile first base the fellowship inform flying capriole cuttings or so the world.The CEO of the company Ebbers resigned afterwards when SEC revealed that WorldCom had impart around $340 trillion to him as loans that he apply to pervert his protest shares. The extension valuation function measuring rod & Poors crushgraded WorldCom impute range to at a lower place enthronization grade that brought down companys location to a cast out status. The outcome was its removal from S&P index finger and Nasdaq halted the companys occupation of stocks of WorldCom host and MCI Group.