The Enron Guy You Never Heard Of Gets 5 1/2 Years
Is there some special shame that attaches to being convicted in one of the biggest financial scandals of the era and yet still being a nobody? Probaby not. If he took the Ken Lay out, we're betting he'd just end up in whatever ordinary Hell accountants usually go to.
Former Enron Corp. Chief Accounting Officer Richard Causey was sentenced to 5 1/2 years in prison for his role in the fraud that destroyed the company, an 18-month reduction from the term offered in his plea deal.
Causey, 46, was charged with more than 30 counts and faced trial alongside former Enron Chief Executive Officers Kenneth Lay and Jeffrey Skilling, both convicted in May of spearheading the fraud that forced the company into bankruptcy in 2001. Skilling was sentenced to 24 years in prison. Lay's conviction was thrown out because he died before his appeal.
Former Enron Accountant Causey Gets 5 1/2-Year Term [Bloomberg]