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02 Oct 2002
US deputy attorney general, Larry Thompson, said earlier today that the Department of Justice' strategy was straightforward, 'to put the bad guys in prison and take away their money.'
Earlier Fastow has given himself up to the FBI following revelations that he was about to be arrested for fraudulent activity preceding the downfall of the energy giant.
It is believed that the 40-year old accountant was allowed to surrender rather than be arrested over claims that he created and managed the complex web of partnerships, which disguised the true state of the company.
It is thought that Fastow's former right-hand man, Michael Kopper, the first former Enron executive to plead guilty to fraud and money laundering, disclosed the details of the former CFO's activities during interviews with the FBI.
Kopper is believed to have revealed that Fastow had amassed a personal fortune of $30m.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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