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Lay, Skilling Guilty

A Houston jury Thursday found former Enron executives Kenneth Lay and Jeffrey Skilling guilty of multiple counts of securities fraud, conspiracy, and other charges.

> > Former Enron Corp. chairman Kenneth Lay was convicted of all six charges against him and former Enron chief executive officer Jeffrey Skilling was found guilty of 19 counts, including conspiracy to commit securities fraud and wire fraud, the most serious of the 28 charges he faced. In a separate trial, Lay was found guilty of four bank fraud charges.
Source: CFO


Published:2006-05-26
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