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Ex-Enron Chief Accountant Pleads Guilty In Blow To Former CEOs

HeadlineDec 29, 2005

Enron’s former chief accountant has pleaded guilty to securities fraud. Richard Causey was scheduled to go on trial next month along with Enron’s founder Kenneth Lay and ex-Chief Executive Jeffrey Skilling. But now Causey is expected to cooperate with government prosecutors during the trial. He had been facing more than 20 years in jail but under the terms of the plea deal he will serve no more than seven.

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