Where is bernie ebbers in jail

Ebbers insisted during the trial that he had been unaware of the fraud that was taking place at his company, but Scott Sullivan, the company's chief financial officer, testified against him during his trial. A federal jury in New York deliberated for eight days before finding him guilty on all counts against him. The assets included a mansion in Clinton, Mississippi and his stake in numerous businesses, including a trucking company, marina, golf course, hotel and other real estate ventures.

Ebbers' attorney filed for his early release last year, saying that his health had deteriorated substantially, necessitating his transfer to a hour nursing care unit. According to a filing in December, his weight had dropped from pounds to pounds in the previous 18 months, that he was having trouble walking. His attorney said Ebbers had fallen and suffered head injuries numerous times.

The U. He is also incontinent and anemic and, in the past month, has suffered four falls and been hospitalized three times, Carner said. Prosecutors argued that Ebbers should remain in prison, saying that medical officials can manage his conditions and provide him with hour care. Assistant U. Caproni said that she had received numerous letters from shareholders who lost money in the WorldCom collapse. Ebbers was not in court and his lawyers said he was hospitalized Wednesday.

Several family members for Ebbers who attended the proceeding rejoiced, sobbing and hugging one another, when the judge announced her ruling. Another threw her arms into the air as the judge stepped down from the bench. Caproni said it fell within her discretion to order the early release after a lawyer cited severe medical problems for the year-old Ebbers and said his weight had dropped from above pounds to pounds last week.

Jeffrey Epstein: Prince Andrew loses corporate sponsors following scandal. College admissions scandal: Judge calls USC dad a 'thief,' gives longest prison sentence so far. NCAA scandal: Sports business manager gets year in prison. The Mississippi-based WorldCom collapsed and went into bankruptcy in , causing losses to stockholders, including people who had invested through retirement plans.

District Court in Manhattan. Ebbers, who has been held in a federal prison in Fort Worth, Texas, was not in the courtroom during the hearing. But his family was, and they wept when Caproni said he would be set free and allowed to live with them in Mississippi. Ebbers, who is legally blind, has suffered from dementia, dramatic weight loss and other ailments while in prison, his family and lawyers have said. Ebbers' attorney, Graham Carner, told Caproni that Ebbers has been hospitalized three times in the past three weeks, and was admitted to a hospital again on the same day as the court hearing.