Enron Executive Sentenced

By: Associated Press
By: Associated Press

The last of the top Enron executives involved in one of the biggest corporate scandals in US history has learned his punishment.

Richard Causey, the company's former chief accounting officer, has been sentenced to 5 1/2 years in prison. He pleaded guilty last December to securities fraud two weeks before he was to be tried with Enron founder Kenneth Lay and former chief executive Jeffrey Skilling.

Causey has also agreed to hand over more than $1 million dollars to the government and forfeit a claim to about $250,000 in deferred compensation as part of the plea deal.

(Copyright 2006 by The Associated Press. All Rights Reserved.)


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