Enron's Skilling enters federal prison in Minn
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Former Enron chief executive Jeffrey Skilling entered a federal prison on Wednesday to begin serving a 24-year sentence for his crimes in the one of the most infamous corporate scandals in U.S. history.
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Ex-Enron Chief Executive Officer Jeff Skilling today asked a federal judge to move his trial from Houston because of the prejudice against him here and the personal, emotional and economic stake this community has in Enron&#39;s fortunes.
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Enron Corp.&#39;s former investor relations chief pleaded guilty yesterday to one count of aiding and abetting securities fraud and agreed to help prosecutors with their ongoing probe of the energy company&#39;s leaders.
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Ex-Enron Corp. CEO Jeffrey Skilling was among scores of people Sunday at a private memorial for company founder Kenneth Lay, who died in this mountain resort town last week as he awaited sentencing for his role in one of the nation&#039;s biggest corporate frauds.
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The man who became Enron Corp.&#39;s chief financial officer only a month after the energy giant declared bankruptcy has resigned.
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Homemaking guru Martha Stewart arrived Friday at the federal minimum security prison in Alderson, W. Va., to begin serving a five-month sentence for lying to investigators looking into her stock market trades.
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Andrew S. Fastow, who was recently sentenced for his role in the Enron debacle, does seem to be a changed man. But it took him a very long time to get to that place.
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A former Enron Corp. (ENRNQ.PK: Quote, Profile, Research) assistant treasurer pleaded guilty on Tuesday in US District Court to conspiracy to commit securities fraud for disguising
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Enron Corp. founder Kenneth Lay, who was convicted of helping perpetuate one of the most sprawling business frauds in U.S. history, died Wednesday in Aspen, Colo. He was 64.
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A former Enron executive currently  serving a prison term testified in the first Enron criminal  trial on Wednesday that he worked on a secret deal with Merrill  Lynch to fraudulently boost the disgraced energy giant's  profits.
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Wining and dining at 35,000 feet gave way Monday to a cramped jail cell, a metal cot and bologna sandwiches as John Mark Karr awaited a hearing to determine when he will be sent to Colorado to face charges in the slaying of 6-year-old JonBenet Ramsey.
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A former assistant treasurer at Enron Corp. (ENRNQ.PK: Quote, Profile, Research) agreed to plead guilty to conspiracy to commit securities fraud on Tuesday and will cooperate with
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A former Enron executive currently serving a prison term testified in the first Enron criminal trial on Wednesday that he worked on a secret deal with Merrill Lynch to fraudulently
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Andrew Fastow, whose financial wizardry   was exposed as fakery and theft in the Enron Corp. collapse,   was sentenced to six years in prison Tuesday -- four years less   than provided in his 2004 plea agreement.
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Former Enron Corp. ENRNQ.PK Chairman  Ken Lay and former chief executive Jeffrey Skilling asked a  federal court to move their trial out of Houston, arguing in a  filing on Monday that any jury in Enron's hometown would be  biased.
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(InfoWorld) - Kenneth Rice, former CEO of Enron Broadband Services (EBS), has been sentenced to 27 months in prison on securities fraud charges and ordered to turn over about $15 million, the U.S. Department of Justice announced Monday. The $15 million will go to victims of the fraud at Enron, the Texas energy company that filed for bankruptcy in December 2001 before investigations revealed widespread accounting fraud. Rice and others at EBS, a unit of Enron, made a series of false statements about the products and business performance in order to mislead investors about the success of the company and inflate the price of Enron's stock, the DOJ said in a press release. Rice was sentenced Monday by Judge Vanessa Gilmore at U.S. District Court for the Southern District of Texas in Houston. Rice pleaded guilty in July 2004 to a securities fraud charge and cooperated with the DOJ's investigation into the collapse of Enron. While serving as CEO at EBS, Rice conspired with others to make false statements about the company's development of various software capabilities and its fiber-optic network, the DOJ said. Rice falsely portrayed EBS as a commercial and business success and falsely claimed that network control software developed by EBS was "up and running," when in fact the software had not progressed beyond the internal development stage. These misrepresentations, including a failure to disclose to the investing public that the company stood to sustain operating losses in 2001, contributed to a sharp rise in Enron's stock price, the DOJ said. EBS entered a number of partnerships before Enron's collapse. In July 2000, Blockbuster announced that it struck an exclusive 20-year partnership with EBS to deliver video on demand by early 2001. Blockbuster began testing the service in February 2001. Kevin Hannon, the former COO at EBS, was sentenced by Gilmore earlier this month to two years in prison, and fined $125,000. Hannon pleaded guilty in August 2004 to conspiracy to commit securities fraud and wire fraud. To date, the federal Enron Task Force has brought criminal charges against 36 defendants, including 25 former Enron employees. Eighteen of those defendants have pleaded guilty or been found guilty after trial. The task force has seized more than $100 million in Enron cases.
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Lawyers for former Enron Corp. chief  executive Jeffrey Skilling asked a federal court to move his  trial out of Houston, arguing in a filing on Monday that any  jury in Enron's hometown would be biased.