Ebbers has four children - all of them daughters. Bernard Ebbers, who built WorldCom Inc into a telecommunications giant and was convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a statement. Boards are the best place to save images and video clips. Visitation, Services for Mrs. Donna Lynne Ratcliff Cupit is 11:00 am, Saturday, February 4, 2023, at Riverwood Family with visitation from, Mr. Tommy Gene Puckett, 68, of Magnolia, MS, died January 28, 2023, in McComb, MS. Emails should be brief, citing the reason for writing and relationship to Ebbers. Former WorldCom CEO Bernard Ebbers was convicted of conspiracy and fraud Tuesday. He was ousted in April 2002 amid unhappiness over more than $400 million he reportedly owed. Caproni, who serves in theSouthern District of New York the same court that had convicted Ebbers in 2005 is soliciting input from investors, former employees and anyone affected by the fall of WorldCom. Sid Salter: Mississippi Coming Full Circle on Unwi New Skilled Pediatric Nursing Facility Coming to UMMC, Presenting the Mississippi State Capitol (Video). Bernie is preceded in death by his parents, Kathleen Mary and John Tony Ebbers, and grandchildren Baby Easley and Bernie Ellen Gates. Brookhaven - Bernard "Bernie" J. Ebbers ran in to the arms of Jesus on February 2, 2020, surrounded by his family in Brookhaven, Miss. It is imperative she hear from people who know my father, Bourne said. He is survived by Linda Ebbers,daughters Ave Easley (David), Treasure Ebbers Beeson (Dwayne), Joy Ebbers Bourne, Faith Ebbers Gates (Michael); grandchildren Nathanael Easley, Rachel Easley,GabryelleEasley; Jordan Beeson Stewart (Jacob), Jonathan Beeson, Juliana Beeson; Truett Bourne. I dont know about technology and I dont know about finance and accounting, he said, according to the New York Times. He and Linda loved basketball and raising their daughters. Bourne asked that letter writers not complain about the trial or the sentence, but focus only on bringing him home because of his age and poor health. That title is now held by Lehman Brothers bankruptcy in 2008. An injury before his senior season prevented him from playing his final year and he was instead assigned to coach the junior varsity team. March 15, 2005, 9:26 AM PST / Source: msnbc.com. Text. Collect, curate and comment on your files. We ask that the familys privacy be respected at this time, and we covet your prayers. Fromproviding tuition and support to studentsto funding mission activities, Bernie made alastingimpact onmany people'slives, often anonymously. All Rights Reserved. He was hospitalized multiple times in November and December, yet there was still no diagnosis or proactive treatment plan. He is being held at the prison medical center in Fort Worth, Texas. one of Ebbers' daughters submitted a request that her father receive compassionate release from a . He and Linda loved basketball and raising their daughters. Family: Thankful for final days before Ebbers death, 5 adults, 3 children injured in three-vehicle crash in Hinds County, Pearl Police arrest man after high speed chase through multiple cities, 3 illegal immigrants captured after escaping ICE vehicle in Mississippi, House amends bill to create Jackson water utility after speaking with third-party manager, American Car Center closes 40 locations, including Jackson, Request a First Alert Weather School Visit. . Bernie began as a coachand took that approach inevery aspect of life. By April 2002, Ebbers had lost substantial support on the board due to these loans. A tornado watch was issued Wednesday for a portion of Mississippi. In July 2019, one of Ebbers' daughters submitted a request that her father receive compassionate release from a federal prison medical facility in Fort Worth, Texas. Ebbers taught her Sunday school class at First Baptist Church Brookhaven. Bernie was born on Aug. 27, 1941, and was 78 years old at the time of this death. The world may hate him but God loves him much more. On September 5, 2019, Ebbers filed a motion with the . Feb 3, 2020, 04:16 AM EST. According to a 2009 Time article, Ebbers turned WorldCom into the nations second-largest long distance telecommunications company through a series of rapid acquisitions that left it heavily in the red. Ebbers reported to Oakdale Federal Correctional Institution in Oakdale, Louisiana, on September 26, 2006, driving himself to the prison in his Mercedes-Benz vehicle. His daughter, in a court filing, said he was "experiencing full-blown dementia.". Former WorldCom CEO Bernie Ebbers seeks early release from prison. . If you are willing to write, please email by Thursday, Nov. 14. >>. Many students from Lincoln county went to college because he paid for it. "[9][50], Last edited on 10 February 2023, at 07:02, Federal Correctional Institution, Fort Worth, U.S. House Committee on Financial Services, Fifth Amendment to the United States Constitution, United States District Court for the Southern District of New York, U.S. Court of Appeals for the Second Circuit, "WorldCom's Bernard Ebbers Wins Early Release From Prison", "Ebbers Sentenced to 25 Years in Prison for $11 Billion Fraud", "Portfolio's Worst American CEOs of All Time", "Ex-WorldCom CEO Bernard Ebbers, 'telecom cowboy' sentenced to 25 years in accounting fraud, dies at 78", "Bernie Ebbers, a 19th century-style tech tycoon? Many of our friendsand many in our familydid too. Rest in Peace, your rewards are yours for Eternity!!! Dad ran in to the arms of Jesus tonight, surrounded by his loving family, and not chained to a hospital bed without anyone he knew in the room. [7], When Ebbers was young, the family moved to California and later lived for a while on a mission post on a Navajo Nation Indian reservation in New Mexico before moving back to Canada when Ebbers was a teenager. Ebbers filed for divorce in July 1997 and married his second wife, Kristie Webb, in the spring of 1999. Organize, control, distribute and measure all of your digital content. Bernie Ebbers, ex-CEO convicted in WorldCom scandal, dies. [24][31] On May 25, 2004, federal prosecutors increased the list of charges to 9 felonies: 1 count each of conspiracy and securities fraud, and 7 counts of filing false statements with securities regulators. The vibrant economy of the late 1990s led to a wave of mergers and acquisitions in industries worldwide. The former chief of WorldCom, convicted in one of the largest corporate accounting scandals in U.S. history, died just over a month after his early release from prison. Ebbers was convicted in New York in 2005 on securities fraud and other charges and received a 25-year sentence. [24], When the allegations of conspiracy and fraud were first brought to light in 2002, Ebbers addressed the congregation and insisted on his innocence. Caproni, a judge on the U.S. District Court for the Southern District of New York, had given the government until Monday to supply the additional medical data, most of which were filed under seal. and there is none upon earth that I desire beside thee. Judge Caproni will receive updates daily on submissions in support of compassionate release.. Bernard "Bernie" J. EbbersBrookhaven - Bernard "Bernie" J. Ebbers ran in to the arms of Jesus on February 2, 2020, surrounded by his family in Brookhaven, Miss. But as the global technology and telecommunications bubble began to burst, Ebbers became financially strained from margin calls, leading him to borrow heavily from WorldCom. His personal holdings included:[44], From 1993 through 1995, Ebbers served as chairman of the board of directors of the Competitive Telecommunications Association, where he pleaded with the United States Congress to improve competition with the incumbent telecommunications companies. Did Supremes Make Judicial Elections Partisan? His daughter, Joy Ebbers Bourne, of Madison, is leading the charge for his early release based on reform to Compassionate Release laws, which was included in the First Step Act signed by President Donald Trump last year. Bernie was born on August 27, 1941 and was 78 years old at the time of this death. Bernie was born on August 27, 1941, and was 78 years old at the time of this death. In lieu of flowers, please consider giving to Casa de FE via Hope Extended. He was born May 27, 1985, to Chester Lamar Williams and Robbie, The funeral service for William Ronnie Sundown Thomas will be 2 p.m. Thursday, February 9th, at Charity Baptist Church, with, A graveside service will be held for Mrs. Barbara Jordan Smith, Monday, February 6, at Friendship Baptist Church Cemetery. After we have had some time to grieve and heal, we intend to use this experience and our voice to advocate for those like Dad who are deserving of compassionate release to their families. Feb 3 - Bernard Ebbers, who built WorldCom Inc into a telecommunications giant and was convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a statement. Two months later, WorldCom revealed an accounting shortfall and said it would restate some results. His daughter, Joy Ebbers Bourne, says in a sworn declaration that her father has dementia . The company acquired over 60 telecommunications firms and in 1995, it changed its name to WorldCom. Jackson's water bond failure: The REST of the story. Jackson State football player Kaseem Vauls stable after cardiac event, Deion Sanders wants Colorado band to adopt HBCU, Sonic Boom flavor, Obama chose Jackson as one of 3 cities to launch new program, MHSAA basketball: Germantown vs. Harrison Central in photos, Hunter Elliott injury: Mike Bianco gives latest on Ole Miss baseball ace, Texas signee Madison Booker leads Germantown to state final, Ole Miss baseball salvages split with Louisiana Tech thanks to rain rule, MS authorities investigating inmate's death in Yazoo County jail, Super Bowl champion Willie Gay Jr. returned to Sturgis. Assuming credit for good conduct while incarcerated, Ebbers has an anticipated release date of approximately July 4, 2028. [18], On June 25, 2002, WorldCom admitted to nearly $3.9 billion in accounting misstatements and on July 22, 2002, it filed for bankruptcy. Facebook; . The World hated him in many ways, But the Love of God shown through him, IN SPITE of all the bad things that he had to endure. Ebbers blamed his subordinates but was convicted of . Bernard Ebbers was 78. We are especially grateful for the team that helped us secure his release, and particularly Graham Carner, our attorney. He will always be remembered by me as a man that stood for what was right all the way to the end. NEW YORK -- A former top executive sentenced to 25 years in prison in one of the largest corporate accounting scandals in U.S. history was ordered freed from prison Wednesday for . The psychologist notes that Ebbers has presented a much different persona when he knows he is being observed. Cambodian Child Comes to UMMC for Surgery. His daughter, Joy Ebbers Bourne, of Madison, is leading the charge for his early release based on reform to Compassionate Release laws, which was included in the First Step Act signed by President Donald Trump last year. 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