Debts

Enron’s Fastow Indicted on 78 Counts

Andrew S. Fastow, the 40-year-old former CFO of Enron, was indicted Thursday on 78 counts that accuse him of leading the effort to conceal the company’s losses and debts, as well as inflate the former energy merchant’s trading profits. The indictment accuses Fastow of securities fraud and other criminal charges. Federal prosecutors previously had filed a criminal complaint, charging him with fraud, conspiracy and money laundering.

November 1, 2002