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Violation Tracker Individual Record

Company: WorldCom, Inc.
Current Parent Company: Verizon Communications
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Penalty: $27,670,000
Year: 2004
Date: May 4, 2004
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Mega-Scandal: Early 2000s Accounting Scandals
Violation Description: The Justice Department announced that the court presiding over WorldCom, Inc.'s bankruptcy petitions approved the company's agreement to pay the government $27 million to settle claims that it defrauded the General Services Administration from 1999 to the present. In addition, MCI was to pay $670,000 in credits to GSA.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: telecommunications
Specific Industry of Current Parent: telecommunications
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.