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Sarbanes-Oxley News & Developments
Prosecutors: Go Light on Lea FastowAttorney claims that the wife of ex-Enron CFO did not effect the collapse of the Enron.
> > Lea Fastow, the wife of former Enron CFO Andrew Fastow, is slated to be sentenced next week for filing a false tax report. She pleaded guilty to failing to report $47,800 in income on her 2000 personal taxes, part of more than $204,000 that was undeclared over four years.
The plea bargin made for Mrs. Fastow was to receive a 10 month sentence (5 months in prison and 5 months under house arrest). When Mrs. Fastow pleaded guilty, however, U.S. District Judge David Hittner indicated that he is not required to adhere to the exact terms of the deal.
Source: CFO
Published:2004-04-02
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