Enron's accountant gets 5.5 years

Published: Nov. 16, 2006 at 4:04 PM

HOUSTON, Nov. 16 (UPI) -- A Houston federal judge sentenced Enron Corp.'s former chief accountant to 5.5 years behind bars for his role in the scam that killed the company.

Richard A. Causey, 46, pleaded guilty to a single count of securities fraud in December,. Causey, a former Arthur Andersen LLP employee, also must serve two years of probation the Washington Post said Thursday.

U.S. District Judge Simeon T. Lake III could have sentenced Causey to as many as seven years behind bars but trimmed the sentence because Causey helped prosecutors develop their cases against Ken Lay, Enron's chairman, and Jeff Skilling, Enron's chief executive.

Enron's collapse in 2001 wiped out about $2 billion in market value and trashed the pensions of thousands of families.

© 2006 United Press International, Inc. All Rights Reserved.
Order reprints



Additional News Stories
Scully to call 61st year of Dodgers games (12 min)
Mystery ostrich egg placed as joke (16 min)
French scientist wins retrovirology prize (18 min)
Food sculpture's origins a mystery (21 min)
Woman sues over letter stamped 'Deceased' (22 min)
Man gives up attempts to produce milk (29 min)
Woods cited for careless driving in wreck (30 min)
fark
"Remember [when you used to work for] the Alamo"
Not news: Debt collector sues the wrong person. Not news: The debt doesn't even exist. Fark: The...
Baltimore Mayor Sheila Dixon convicted of stealing gift cards intended for the poor
Annual Fark demographics survey. Results will be posted next week. Help us figure out who that one...
Today's 'Truck spills metric assload of random food item on roadway' brought to you by Santa Clarita...
Being crazy doesn't mean you can't be a good, effective nurse, say members of the Association of...