Episode 25 – Remembering Fraud: WorldCom

Remembering Fraud: WorldCom Crypto Critics' Corner

Bennett Tomlin and Cas Piancey reflect on a fraud that began in the 1980s and ended when the Dot-Com Bubble burst: WorldCom. Are there applicable comparisons to cryptocurrency and securities markets of today? (Hint: Yes.)

In this episode Cas and I discuss one of the biggest corporate frauds ever: WorldCom. WorldCom was a telecommunications company that used mergers and acquisitions to grow and accounting fraud to stay profitable. You can read Cas’ article on it here.

Published by Bennett Tomlin

Data scientist who writes about fraud

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