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Ebbers faces additional charges

Prosecutors allege false SEC filings

NEW YORK -- Federal prosecutors brought new charges yesterday against former WorldCom chief executive Bernard Ebbers, accusing him of falsifying six regulatory filings about the financial condition of the telecommunications giant.

Ebbers was already facing fraud and conspiracy charges in the collapse of WorldCom, whose $11 billion accounting fraud led to the largest bankruptcy in US history.

Prosecutors had previously said Ebbers, 62, also submitted a falsified form to the Securities and Exchange Commission in November 2000.

The new indictment, returned by a federal grand jury, includes six additional charges of falsifying similar SEC forms -- four in 2001 and two in 2002.

A call to Ebbers's lawyer for comment was not immediately returned.

Ebbers is scheduled to go to trial in November. He pleaded not guilty to the original three counts against him -- fraud, conspiracy, and the single false SEC filing -- and will now have to enter pleas on the new charges.

The three original charges carried up to 30 years in prison. The additional six add 60 years to the potential sentence, although any sentence would be drastically reduced under sentencing guidelines.

Federal prosecutors indicted Ebbers in March after the former number two official at WorldCom, chief financial officer Scott Sullivan, agreed to plead guilty and testify against him.

A hearing in the case -- already scheduled before prosecutors announced the new charges -- is set for today.

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