Walter “Walt” Pavlo Jr., former MCI WorldCom executive who was imprisoned for white-collar crime, addresses more than 100 College of Business students, faculty, and alumni, as well as business leaders at the first Dean’s Forum Oct. 26 at the Arkansas Arts Center.The business ethics forum was in partnership with the Little Rock Regional Chamber of Commerce and Arkansas Business Publishing Group. Additional event sponsors were PDC Companies, Arkansas Capital Corporation Group, and Thoma Thoma.
Pavlo was a senior manager at MCI Telecommunications where he was responsible for the billing and collection of nearly $1 billion in monthly revenue for MCI’s carrier finance division. He, a member of his staff, and a business associate outside of MCI began to perpetrate a fraud involving a few MCI customers. Pavlo consorts with a rogue MCI customer in a scheme to siphon $6 million of company cash to the Cayman Islands. In January 2001, Pavlo pled guilty to wire fraud and money laundering, agreed to cooperate with the federal investigation, and was sentenced to two years in federal prison.
Pavlo has addressed more than 100 of the country’s leading business schools, has been invited to speak at many Fortune 500 firms, and is a frequent speaker at Wal-Mart’s training facility in Arkansas.