Former Enron Corp. Chief executive Officer Jeffrey Skilling is set to appear in court to learn how much longer he’ll stay in prison for spearheading the fraud that destroyed the world’s largest energy trader.
Jeffrey Skilling, the convicted former Enron Corp. chief executive officer, may get out of prison in as little as four years if a judge approves a deal with prosecutors over objections by victims of one of the biggest corporate frauds in U.S. history.
A federal judge denied the U.S. government’s request to delay an order that allows deepwater oil drilling to resume while the U.S. notified an appeals court it would challenge the decision lifting the six-month moratorium.
The fates of Jeffrey Skilling and Conrad Black rest in the hands of lower court judges after U.S. Supreme Court rulings gave both men grounds to overturn at least part of their corporate fraud convictions.
Jeffrey Skilling , the imprisoned former Enron Corp. chief executive officer, lost a challenge to his convictions contending that prosecutors relied on a legal theory invalidated by the U.S. Supreme Court.