WorldCom Scandal: The Collapse of a Company Due to POOR Risk Management

In the early 2000s, WorldCom was synonymous with reliability in telecommunications, a company that, after almost 20 years in the market, was positioned as the second-largest provider of long-distance telephony in the United States. However, by 2002, the company became a reference of fraud after one of the biggest accounting scandals in history was unveiled, which marked a before and after. Join us and discover the essential details of the WorldCom fraud, how it happened, what it did, what elements it could not handle, and how the lack of sound financial risk management produced severe consequences. Read the article: www.piranirisk.com/blog/worldcom-scandal-the-colla… Try Pirani for FREE: appweb.pirani.co/useraccess/auth/signup Let's talk! www.piranirisk.com/lets-talk-alejandro #riskmanagement #worldcom