46 min listen
Episode 217: Kevin Rust – WorldCom, Corporate Fraud
Episode 217: Kevin Rust – WorldCom, Corporate Fraud
ratings:
Length:
63 minutes
Released:
Nov 26, 2020
Format:
Podcast episode
Description
Retired agent Kevin Rust served 29 years with the FBI. He spent most of his career in Mississippi in resident agencies out of the Jackson Division, including 13 years in a one person office. In this episode of FBI Retired case File Review, Kevin Rust reviews his initial investigation of WorldCom, at the time, the USA’s second largest long-distance telephone company. The company’s senior executives orchestrated a scheme to inflate earnings in order to maintain WorldCom’s stock price. It was a major corporate fraud accounting scandal. During his Bureau career, Kevin Rust also had assignments in Chicago, Budapest, FBI Headquarters and Quantico. He was a crisis negotiator who responded to many incidents both domestically and internationally and taught negotiation concepts to hundreds of state, local and international officers. Kevin Rust, who prior to entering the FBI was a CPA with Price Waterhouse, currently works as a contractor for the FBI’s International Corruption Unit tracing money flows and identifying for seizure assets purchased with money stolen by foreign kleptocrats. Kevin was previously interviewed in Episode 091 and Episode 117 regarding civil rights matters. Join my Reader Team to get the FBI Reading Resource - Books about the FBI, written by FBI agents, the 20 clichés about the FBI Reality Checklist, and keep up to date on the FBI in books, TV, and movies via my monthly email. Join here. Jerri Williams, a retired FBI agent, author and podcaster, attempts to relive her glory days by writing and blogging about the FBI and hosting FBI Retired Case File Review, a true crime/history podcast. Visit her website to check out her books, available as audiobooks, ebooks and paperbacks wherever books are sold.
Released:
Nov 26, 2020
Format:
Podcast episode
Titles in the series (100)
Episode 006: Jim Wedick – Chasing Phil, Undercover Stings and Bogus Securities: Retired agent Jim Wedick is interviewed about his assignment as an undercover agent in the Bureau’s first long-term undercover investigation, Operation Fountain Pen, the subject of the book, Chasing Phil by David Howard, and a future feature film. by FBI Retired Case File Review