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.
Former Enron Corp. Chief Executive Officer Jeffrey Skilling, who spearheaded the fraud that destroyed the world’s largest energy trader, will leave prison in 2017 after his sentence was reduced to 14 years from 24.
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.
Convicted ex- Enron Corp. Chief Executive Officer Jeffrey Skilling , claiming a June U.S. Supreme Court ruling entitles him to a new trial, asked an appeals court to release him from prison on bail while he pursues an appeal.
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.