Indicted

Prosecutors wading through the burgeoning and expensive Enron Corp. case may consider charges in the next month related to Whitewing and Yosemite, two of the company’s partnerships that helped the former energy merchant create cash flow and hide assets.

Former Enron Corp. CFO Andrew S. Fastow was charged Monday in Houston federal court with 31 more criminal charges, including insider trading, filing false tax forms and for conspiracy to falsify the books and records of the bankrupt energy merchant.

Andrew Fastow, Enron Corp.’s disgraced former CFO, was “likely” to be indicted on fraud and other criminal charges by a Houston federal grand jury on Wednesday, according to Reuters, which cited unnamed sources. The prosecution had 30 days after it charged Fastow to issue an indictment, and the deadline is Thursday.

A federal grand jury in Houston last Thursday indicted Enron Corp.’s former auditor, Arthur Andersen LLP, for its role in the scandal that has engulfed the Houston energy trader. It was the first criminal charge to be handed down against a player in the unfolding drama.

A federal grand jury in Houston Thursday indicted Enron Corp.’s former auditor, Arthur Andersen LLP, for its role in the scandal that has engulfed the Houston energy trader. It was the first criminal charge to be handed down against a player in the unfolding drama.