Former Fraudster and New Man
CONVERSATION WITH WALT PAVLO
Much of what has been discussed in this book involves the criminal actions of corporate fraudsters. When the fraud is discovered, some deny any wrongdoing and, as is their legal and constitutional right, fight the government charges in court. Others take responsibility for their criminal acts, plead guilty, and face the consequences. The very act of admitting to oneself that the actions were wrong is but the first step in the redemption process.
Walt Pavlo is an example of such a person. He was a senior manager of credit and collections for telecom giant MCI in the mid-1990s before the company was bought by WorldCom. Pavlo directed the billing and collections process in their reseller division. His division was having a ...