American Greed Worldcom/Joseph Medawar Television Scam (Season 3, Episode 7)
TV Episode | Documentary, Crime

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American Greed

Worldcom/Joseph Medawar Television Scam (Season 3, Episode 7)

TV Episode | Documentary, Crime

STORY 1: WorldCom -- The WorldCom scandal was a major accounting scandal that came to light in the summer of 2002 at WorldCom, the USA's second-largest long-distance telephone company at the time. From 1999 to 2002, senior executives at ...See moreSTORY 1: WorldCom -- The WorldCom scandal was a major accounting scandal that came to light in the summer of 2002 at WorldCom, the USA's second-largest long-distance telephone company at the time. From 1999 to 2002, senior executives at WorldCom led by founder and CEO Bernard Ebbers orchestrated a scheme to inflate earnings in order to maintain WorldCom's stock price. The fraud was uncovered in June 2002 when the company's internal audit unit, led by unit vice president Cynthia Cooper, discovered over $3.8 billion of fraudulent balance sheet entries. Eventually, WorldCom was forced to admit that it had overstated its assets by over $11 billion. At the time, it was the largest accounting fraud in American history. STORY 2: Joseph Medawar Television Scam -- Joseph Michel Medawar (born November 22, 1961 in Beirut, Lebanon) is a Lebanese American financial strategist and investment-banking counselor specializing in media, entertainment and related industries, film producer, and ex-convict. In 2006, he was sentenced to a year and a day in prison and was ordered to pay $2.6 million in restitution to the defrauded investors. See less

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Cast	+ Add Cast
11 cast members

Name	Known for
Stacy Keach Narrator (voice) Narrator (voice) See fewer	Nebraska (2013)
Ramon Alvarado Self - Investor Self - Investor See fewer	American Greed (2007)
Paul Bertrand Self - FBI Agent Self - FBI Agent See fewer	American Greed (2007)
Bernard Ebbers Self (archive footage) Self (archive footage) See fewer
Walt Finnigan Self - IRS Agent Self - IRS Agent See fewer	American Greed (2007)
Alison Heruth-Waterbury Self (archive footage) Self (archive footage) See fewer	Posljednja volja (2001)
Greg Krikorian Self - Reporter, Los Angeles Times Self - Reporter, Los Angeles Times See fewer	American Greed (2007)
Joseph Medawar Self (archive footage) Self (archive footage) See fewer	Pretty Smart (1987)
Dana Rohrabacher Self Self See fewer	Gods and Generals (2003)
Murray Spencer Self - Investor Self - Investor See fewer	American Greed (2007)
David Willingham Self - Assistant U.S. Attorney (ret.) Self - Assistant U.S. Attorney (ret.) See fewer	American Greed (2007)