Walter “Walt” Pavlo holds an engineering degree from West Virginia University and
an MBA from the Stetson School of Business at Mercer University. He worked for Goodyear
Tire in its Aerospace division as a Financial Analyst, GEC Ltd. of England as a Contract
Manager, and a Senior Manager in MCI Telecommunication’s Division, where he was responsible
for billing and collections in its reseller division.
As a senior manager at MCI with a meritorious employment history, Mr. Pavlo was responsible for the billing and collection of nearly $1 billion in monthly revenue for MCI’s carrier finance division. Beginning in March of 1996, Mr. Pavlo, one member of his staff, and a business associate outside of MCI began to perpetrate a fraud involving a few of MCI’s own customers. When the scheme was completed, there had been seven customers of MCI defrauded over a six-month period resulting in $6 million in payments to the Cayman Islands.
In January 2001, in cooperation with the Federal Government, Mr. Pavlo pled guilty to wire fraud and money laundering and entered federal prison shortly thereafter. His story highlights the corrupt dealings involving the manipulation of financial records within a large corporation. His 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.
Mr. Pavlo has been invited to speak of his experiences by the Federal Bureau of Investigation, US Attorney’s Office, major university graduate programs, corporations and various professional societies. The purpose of these speeches is to convey to audiences an understanding of the inner-workings and motivations associated with complex white-collar crimes, with an emphasis on ethical decision-making.