Ken Lay and Jeff Skilling Found Guilty in Enron Trial
Submitted by: Sarah Cohn, Director of Communications
According to a Reuters article today by Matt Daily and Dan Whitcomb, Ken Lay and Jeff Skilling have both been found guilty today on fraud and conspiracy charges. Lay was convicted of six counts of conspiracy and fraud and faces up to 45 years in prison, while Skilling was found guilty of 19 counts of conspiracy, fraud, insider trading and making false statements which, combined, carry a maximum sentence of 185 years. To read the full article, click here.
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