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Breaking News

Ex-WorldCom Executive Indicted

Aired August 28, 2002 - 12:22   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

KYRA PHILLIPS, CNN ANCHOR: Breaking news now on the Worldcom scandal. This just in to CNN.
The former CFO of WorldCom, Scott Sullivan, has been indicted. We are told that he has been indicted on false statements to the SEC and conspiracy to commit conspiracy fraud.

Once again, former CFO of Worldcom, Scott Sullivan, indicted on false statements to the SEC and conspiracy to commit conspiracy fraud.

We'll keep you updated on the latest developments within the WorldCom scandal and the fate of Scott Sullivan.

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