by CIO Staff

Ex-Enron Exec Kopper Gets 37 Months in Prison

News
Nov 17, 20061 min
IT Leadership

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The former leading lieutenant to ex-Enron finance chief Andrew Fastow, Michael Kopper, on Friday was hit with a 37-month prison sentence for his part in the corporate scandal that devastated the now-defunct firm, the Associated Press reports via BusinessWeek.com.

U.S. District Judge Ewing Werlein Jr. handed down 41-year-old Kopper’s prison term, and a separate Enron is executive was waiting to be sentenced, according to the AP.

Because both Kopper and Mark Koenig, former Enron investor relations director, cooperated with the previous investigation, prosecutors asked Judge Ewing for reduced sentences, the AP reports.

Kopper was the first Enron executive to enter a guilty plea to charges related to the scandal, and it was he who helped lead federal prosecutors to Kenneth Lay, Enron founder, and former chief executive Jeffrey Skilling, according to the AP.

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