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3 More Years For the Smartest Guys In the Room
Michael Kopper, former managing director at Enron and aide to CFO Andy Fastow, gets 3 years, 1 month for his role in the Enron affair.
Kopper, 41, was the first former Enron executive to plead guilty to charges related to one of the largest corporate scandals in history.
He led federal prosecutors to Fastow, who in turn led them to Enron founder Kenneth Lay and former chief executive Jeffrey Skilling.
Kopper could've faced up to 15 years if not for his cooperation.
This week's court docket was heavy with Enron fraudsters. Richard Causey, former CAO, was sentenced to 5 years on Wednesday. And Mark Koenig, former Director of Investor Relations, is expected to be sentenced later today.
Kopper will be Enron's 5th incarceree, the gang serving nearly 40 years in aggregate.
Handcrafted by Flip on November 17, 2006 |
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