AUBURN – Reformed white-collar criminal Walt Pavlo, former MCI executive convicted of money laundering and wire fraud, will speak on business ethics at Auburn University on Monday, at 5:30 p.m. (CST) in 113A Lowder Business Building. This public lecture is presented by the AU School of Accountancy.
Pavlo received a bachelor’s degree in engineering from West Virginia University and an MBA from the Stetson School of Business at Mercer University. He has worked in finance positions at Goodyear Tire, GEC Ltd. and as a senior finance manager in MCI’s telecommunication division where he was responsible for billing and collections in its reseller division.
While at MCI, Pavlo, a member of his staff and a business associate not employed at MCI began to perpetrate a fraud involving some of MCI’s own customers. They ultimately defrauded seven MCI customers over a six-month period resulting in $6 million in payments to the Cayman Islands. The case appeared as a cover story in the June 10, 2002, issue of Forbes Magazine, just weeks before WorldCom divulged that it had over $7 billion in accounting irregularities.
Pavlo now uses his experience to speak to and train federal agents, university students, corporations and professional associations.
The Auburn University College of Business and the School of Accountancy are accredited at the undergraduate and graduate levels by AACSB International, the highest standard of achievement for business schools. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review. Less than one third of U.S. business schools and only 15 percent of business schools worldwide meet the rigorous standards of AACSB International accreditation.
(Contributed by Dina Roberts.)
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