Walt Pavlo shared his very personal story of white-collar crime during the Ethics Track of TMA's 2010 Annual Convention in Orlando on Friday morning.
Walt provided a candid look into the motivations, actions and consequences of the crimes he committed while working as a senior manager at MCI Telecommunications. His unique perspective provided great insight into the process of how white-collar crimes are committed.
At MCI, Walt was responsible for the billing and collection of nearly $1 billion in monthly revenue for MCI’s carrier finance division. Along with another member of his staff and a business associate outside of MCI, Walt began to perpetuate a fraud involving a few of MCI’s customers. When the scheme was completed, there had been seven customers of MCI defrauded over a six-month period resulting in approximately $5 million in payments to the Cayman Islands.
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- TMA Member Article Published in TheStreet.com "5 B...
- Where Does Your Newspaper Rank? Circulation Contin...
- What’s in a Number? 13 Reasons to Register for 13-...
- Wall Street Journal Blog Features TMA Survey Results
- Turnaround Industry is in Transition During Uncert...
- Wall Street Journal Reports "Executives Quicker to...
- Jeb Bush Annual Convention Keynote Address Recap b...
- Orlando Wrap Up
- Ex-Felon Shares MCI White-Collar Crime Story
- Bush Offers Turnaround Suggestions During Keynote ...
- Golf and Tennis Tournaments Provide Unique Network...
- Congratulations to the 2011 Officers!
- TMA Governance Behind the Scenes
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