Richard Causey, Enron Corp.’s former top accountant, will serve five-and-a-half years in prison for his role in the company’s fraud schemes. Causey was sentenced on Wednesday in Houston.
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Two More Sentenced in Dynegy’s Project Alpha Scheme
Former Dynegy Inc. vice president Gene Foster in Houston Thursday was sentenced to 15 months in prison, and former accountant Helen Sharkey received a one-month prison sentence for their roles in Dynegy’s Project Alpha, which helped Dynegy artificially inflate its reported cash flow in 2001. Foster also was given three years probation and fined $1,000; Sharkey will pay a $10,000 fine.
January 6, 2006
Enron’s Causey Pleads Guilty, to Cooperate in Lay, Skilling Trial
Enron Corp.’s former top accountant on Wednesday pleaded guilty to securities fraud and agreed to help pursue convictions against the company’s founder and former Chairman Kenneth Lay and former President and CEO Jeffrey Skilling. Causey had been scheduled to go to trial with Lay and Skilling on Jan. 17 in Houston. However, following Causey’s plea, defense attorneys requested that the trial be delayed.
December 29, 2005
Fifth Circuit Court Overturns Sentence of Ex-Dynegy Accountant
The Fifth Circuit Court of Appeals in New Orleans on Monday overturned a lower court’s decision to sentence a former Dynegy Corp. accountant to just over 24 years in prison.
December 22, 2005
Lay, Skilling Trial Set for Early 2006
The joint trial for former Enron Corp. Chairman Kenneth Lay, former CEO Jeffrey Skilling and former chief accountant Richard Causey is set to begin Jan. 17, 2006. U.S. District Judge Sim Lake in Houston set the trial date after agreeing with defense requests for more time to prepare.
February 28, 2005
Lay, Skilling Trial Set for Early 2006
The joint trial for former Enron Corp. Chairman Kenneth Lay, former CEO Jeffrey Skilling and former chief accountant Richard Causey is set to begin Jan. 17, 2006. U.S. District Judge Sim Lake in Houston set the trial date after agreeing with defense requests for more time to prepare.
February 28, 2005
Lay, Skilling Trial Could Begin in June
The trial for former Enron Corp. Chairman Kenneth Lay, CEO Jeffrey Skilling and ex-chief accountant Richard Causey could begin as early as June and even coincide with another trial where five former executives of the bankrupt company’s broadband division will stand accused.
February 7, 2005
Judge Asked to Reconsider 24-Year Sentence for Ex-Dynegy Exec
The federal judge who sentenced ex-Dynegy Inc. accountant Jamie Olis to 24 years in prison last month was asked by the defense to reconsider.
April 5, 2004
Convicted Dynegy Exec Asks Judge to Reconsider 24-Year Sentence
The federal judge who sentenced ex-Dynegy Inc. accountant Jamie Olis to 24 years in prison last week was asked on Monday to reconsider.
March 31, 2004
FERC: El Paso, Gulf South Should Have Cash Pool Agreements with Parent Companies
FERC Chief Accountant John Delaware told El Paso Natural Gas and Gulf South Pipeline in letters this week that the companies should have written agreements with their parent companies, El Paso Corp. and Entergy-Koch LP, respectively, regarding the use of corporate money pools. However, Delaware said Commission audits found no instances of noncompliance with FERC regulations.
September 12, 2003
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