< Break'em up | Main | As the STCL World Turns >

May 06, 2004

Lea Fastow gets a year

Lea Fastow's plea bargain with the Enron Task Force was approved today, and U.S. District Judge David Hittner sentenced her to a year in the slammer. Mrs. Fastow plea guilty to a misdemeanor charge of income tax evasion.

The Task Force prosecutors, who have become quite chummy with the Fastows since former Enron CFO Andrew Fastow, cut a deal to testify against other former executives at Enron, recommended that Mrs. Fastow's sentence be five months. Judge Hittner, who I believe has never been pleased that the Task Force brought a marginal criminal case against a wife to put pressure on her husband, overruled prosecutors' recommendation

Judge Hittner criticized prosecutors for vascillating between an original indictment of six felonies and a final charge of just one misdemeanor, suggesting that justice may not have been served in either instance. "Such maneuvering as is present in this case might be seen as a blatant manipulation of the justice system," Judge Hittner said on the record.

The first Enron-related criminal case actually to go to trial since the Arthur Andersen prosecution in early 2002 is coming up in early June. That is the case that is known as the Nigerian Barge case, which is discussed in more detail here.

Posted by Tom at May 6, 2004 08:43 PM

Trackback Pings

TrackBack URL for this entry:
http://mtcgi.kir.com/mt-trackbk.cgi/596

Comments

Post a comment

Thanks for signing in, . Now you can comment. (sign out)

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


Remember me?